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Index Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
228.92 0.00 227.20 228.69 -0.27
Entry Signal

MarketClub’s Trade Triangles for SPAFREP

long term up The long term trend has been UP since Dec 18th, 2017 at 214.06

intermediate term up The intermediate term trend has been UP since Dec 18th, 2017 at 211.76

short term up The short term trend has been UP since Jan 15th, 2018 at 226.33

Smart Scan Analysis for SPAFREP

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

+100
Smart Scan Analysis for SPAFREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
228.92 0.00 227.20 228.69 -0.27
Prev. Close Volume Bid Ask Time
228.96 0 2018-01-19 16:14:06
52wk High237.9152wk High Date2017-02-22
52wk Low198.0752wk Low Date2017-07-07
Want to analyze S&P AFRICA 40 INDEX (EUR) SPAFREP or another symbol? Try our Free Index Trend Analysis Report.