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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

BNY Mellon Africa DR Index (CME:BKDAF)

Weak Uptrend (+65) - BKDAF is showing signs of weakening momentum to the upside. Monitor BKDAF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BKDAF?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKDAF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKDAF
Open High Low BKDAF Price Change
636.81 636.81 636.62 636.72 -0.09
Entry Signal

MarketClub’s Trade Triangles for BKDAF

long term up The long-term trend has been UP since Apr 1st, 2024 at 620.57

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 538.13

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 664.88

Smart Scan Analysis for BKDAF

Based on our trend formula, BKDAF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BKDAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
636.81 636.81 636.62 636.72 -0.09
Prev. Close Volume Bid Ask Time
636.81 0 2024-04-23 03:33:47
52wk High721.1852wk High Date2018-01-25
52wk Low551.7552wk Low Date2018-11-27
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