Index Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
S&P Asia Pacific BMI (US Dollar) (CME:SPCBMIRAPUSD)
Long-Term Downtrend (-90) - SPCBMIRAPUSD is in a strong downtrend that is likely to continue. While SPCBMIRAPUSD 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 SPCBMIRAPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCBMIRAPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCBMIRAPUSD
The long-term trend has been DOWN since May 13th, 2021 at 236.60
The intermediate-term trend has been DOWN since Jun 21st, 2021 at 245.47
The short-term trend has been DOWN since Jul 30th, 2021 at 241.11
Smart Scan Analysis for SPCBMIRAPUSD
Based on our trend formula, SPCBMIRAPUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||229.69||52wk High Date||2018-01-29|
|52wk Low||183||52wk Low Date||2018-10-26|