Index Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
BNY Mellon Germany Classic ADR Index (CME:BKCDE)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 BKCDE
The long term trend has been DOWN since Aug 5th, 2019 at 1349.15
The intermediate term trend has been UP since Sep 4th, 2019 at 1361.45
The short term trend has been UP since Sep 19th, 2019 at 1420.84
Smart Scan Analysis for BKCDE
Based on a pre-defined weighted trend formula for chart analysis, BKCDE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1874.52||52wk High Date||2018-01-24|
|52wk Low||1353.19||52wk Low Date||2018-11-20|