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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

BNY Mellon Emerging Asia DR Index (USD) (CME:BKDEA)

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

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

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

CME_BKDEA
Open High Low BKDEA Price Change
2715.11 2734.09 2711.82 2721.50 -1.53
Entry Signal

MarketClub’s Trade Triangles for BKDEA

long term up The long-term trend has been UP since Dec 8th, 2023 at 2274.47

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 2639.32

short term up The short-term trend has been UP since May 10th, 2024 at 2654.80

Smart Scan Analysis for BKDEA

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

+90
Smart Scan Analysis for BKDEA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2715.11 2734.09 2711.82 2721.50 -1.53
Prev. Close Volume Bid Ask Time
2721.50 0 2024-05-16 16:19:33
52wk High2393.1852wk High Date2018-01-29
52wk Low1743.6652wk Low Date2018-10-29
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