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Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
S&P Morocco Real Estate price index in local currency (CME:SPFMALP60)
Bull Market Weakness (+75) - SPFMALP60 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPFMALP60 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPFMALP60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPFMALP60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPFMALP60
The long-term trend has been UP since Apr 27th, 2023 at 2.85
The intermediate-term trend has been UP since Jan 5th, 2024 at 4.12
The short-term trend has been DOWN since May 16th, 2024 at 6.60
Smart Scan Analysis for SPFMALP60
Based on our trend formula, SPFMALP60 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.63 | 6.68 | 6.62 | 6.62 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.63 | 0 | 2024-05-20 12:07:06 |