Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
BNY MELLON BELGIUM CLASSIC ADR INDEX (CME:BKCBE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for BKCBE
The long term trend has been UP since Mar 1st, 2019 at 2120.53
The intermediate term trend has been UP since Jan 8th, 2019 at 1934.37
The short term trend has been DOWN since Mar 22nd, 2019 at 2165.64
Smart Scan Analysis for BKCBE
Based on a pre-defined weighted trend formula for chart analysis, BKCBE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2898.5||52wk High Date||2018-01-26|
|52wk Low||2000.91||52wk Low Date||2018-10-26|