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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Australia Classic ADR Index (CME:BKCAU)

Long-Term Uptrend (+90) - BKCAU is in a strong uptrend that is likely to continue. While BKCAU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_BKCAU
Open High Low BKCAU Price Change
2070.45 2089.85 2068.01 2079.32 +11.50
Entry Signal

MarketClub’s Trade Triangles for BKCAU

long term up The long-term trend has been UP since May 16th, 2024 at 2078.08

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 2027.15

short term up The short-term trend has been UP since May 13th, 2024 at 2032.93

Smart Scan Analysis for BKCAU

Based on our trend formula, BKCAU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BKCAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2070.45 2089.85 2068.01 2079.32 +11.50
Prev. Close Volume Bid Ask Time
2079.32 0 2024-05-16 16:19:33
52wk High1886.7552wk High Date2018-01-29
52wk Low1532.7952wk Low Date2018-10-26
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