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Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

BNY Mellon Africa DR Index (CME:BKDAF)

Weak Uptrend (+65) - BKDAF is showing signs of weakening momentum to the upside. Monitor BKDAF as it may be in the beginning stages of a reversal.

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.

CME_BKDAF
Open High Low BKDAF Price Change
746.75 747.02 728.20 733.62 -13.13
Entry Signal

MarketClub’s Trade Triangles for BKDAF

long term up The long-term trend has been UP since Nov 11th, 2021 at 748.05

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2022 at 721.13

short term down The short-term trend has been DOWN since Jan 28th, 2022 at 736.00

Smart Scan Analysis for BKDAF

Based on our trend formula, BKDAF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BKDAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
746.75 747.02 728.20 733.62 -13.13
Prev. Close Volume Bid Ask Time
746.75 0 2022-01-28 15:12:17
52wk High721.1852wk High Date2018-01-25
52wk Low551.7552wk Low Date2018-11-27
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