Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
BNY Mellon Africa DR Index (CME:BKDAF)
Strong Downtrend (-100) - BKDAF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKDAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKDAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKDAF
The long-term trend has been DOWN since Jun 17th, 2021 at 697.54
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 634.75
The short-term trend has been DOWN since Sep 13th, 2021 at 634.75
Smart Scan Analysis for BKDAF
Based on our trend formula, BKDAF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||721.18||52wk High Date||2018-01-25|
|52wk Low||551.75||52wk Low Date||2018-11-27|