Index Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
BNY MELLON EASTERN EUROPE X - RUSSIA GDR (CME:BKGEEX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 BKGEEX
The long term trend has been DOWN since Nov 9th, 2018 at 838.09
The intermediate term trend has been DOWN since Dec 13th, 2018 at 842.94
The short term trend has been DOWN since Dec 13th, 2018 at 847.03
Smart Scan Analysis for BKGEEX
Based on a pre-defined weighted trend formula for chart analysis, BKGEEX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1060.69||52wk High Date||2018-03-20|
|52wk Low||836.53||52wk Low Date||2018-11-09|