Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

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
224.22 224.38 224.14 224.34 +0.43
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 Apr 18th, 2018 at 219.55

short term down The short term trend has been DOWN since May 21st, 2018 at 226.74

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
224.22 224.38 224.14 224.34 +0.43
Prev. Close Volume Bid Ask Time
225.6 0 2018-05-24 21:16:46
52wk High232.8152wk High Date2018-01-25
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.