Index Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
S&P/ASX Australian Fixed Interest Index (CME:SPBDASXT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDASXT
The long term trend has been UP since Oct 31st, 2017 at 142.813
The intermediate term trend has been DOWN since Sep 5th, 2019 at 164.118
The short term trend has been DOWN since Sep 3rd, 2019 at 164.760
Smart Scan Analysis for SPBDASXT
Based on a pre-defined weighted trend formula for chart analysis, SPBDASXT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||147.821||52wk High Date||2018-10-30|
|52wk Low||142.171||52wk Low Date||2018-01-19|