Index Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
S&P/ASX Australian Fixed Interest 5-10 Year Index (CME:SPBDAS5T)
Long-Term Downtrend (-90) - SPBDAS5T is in a strong downtrend that is likely to continue. While SPBDAS5T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBDAS5T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAS5T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAS5T
The long-term trend has been DOWN since Oct 5th, 2021 at 182.02
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 178.82
The short-term trend has been DOWN since Jan 17th, 2022 at 177.01
Smart Scan Analysis for SPBDAS5T
Based on our trend formula, SPBDAS5T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||157.872||52wk High Date||2018-10-30|
|52wk Low||150.649||52wk Low Date||2018-04-24|