Index Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
BNY Mellon Europe ADR Index (CME:BKEUR)
Long-Term Downtrend (-90) - BKEUR is in a strong downtrend that is likely to continue. While BKEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKEUR
The long-term trend has been DOWN since Feb 24th, 2020 at 129.34
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 114.91
The short-term trend has been DOWN since Sep 17th, 2020 at 114.56
Smart Scan Analysis for BKEUR
Based on our trend formula, BKEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||152.73||52wk High Date||2018-01-25|
|52wk Low||122.28||52wk Low Date||2018-10-26|