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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Denmark Classic ADR Index (CME:BKCDK)

Long-Term Uptrend (+90) - BKCDK is in a strong uptrend that is likely to continue. While BKCDK 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 BKCDK?

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

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

CME_BKCDK
Open High Low BKCDK Price Change
9184.71 9225.50 9157.23 9191.18 -63.71
Entry Signal

MarketClub’s Trade Triangles for BKCDK

long term up The long-term trend has been UP since Aug 8th, 2023 at 7069.69

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 8904.91

short term up The short-term trend has been UP since May 7th, 2024 at 8739.26

Smart Scan Analysis for BKCDK

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

+90
Smart Scan Analysis for BKCDK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9184.71 9225.50 9157.23 9191.18 -63.71
Prev. Close Volume Bid Ask Time
9191.18 0 2024-05-16 16:19:33
52wk High3765.452wk High Date2018-01-24
52wk Low2823.1152wk Low Date2018-10-26
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