Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

S&P AFRICA 40 INDEX (EUR) (CME:SPAFREP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

CME_SPAFREP
Open High Low SPAFREP Price Change
208.82 208.92 208.67 208.75 +0.36
Entry Signal

MarketClub’s Trade Triangles for SPAFREP

long term up The long term trend has been UP since Sep 1st, 2017 at 211.81

intermediate term up The intermediate term trend has been UP since Oct 5th, 2017 at 210.06

short term down The short term trend has been DOWN since Oct 17th, 2017 at 213.20

Smart Scan Analysis for SPAFREP

Based on a pre-defined weighted trend formula for chart analysis, SPAFREP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SPAFREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.82 208.92 208.67 208.75 +0.36
Prev. Close Volume Bid Ask Time
208.39 0 2017-10-22 22:12:16
52wk High237.9152wk High Date2017-02-22
52wk Low192.5652wk Low Date2016-11-14
Want to analyze S&P AFRICA 40 INDEX (EUR) SPAFREP or another symbol? Try our Free Index Trend Analysis Report.