Index Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
BNY MELLON FRANCE ADR INDEX (CME:BKFR)
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 BKFR
The long term trend has been DOWN since Oct 24th, 2018 at 116.91
The intermediate term trend has been UP since Feb 1st, 2019 at 114.62
The short term trend has been UP since Feb 15th, 2019 at 114.01
Smart Scan Analysis for BKFR
Based on a pre-defined weighted trend formula for chart analysis, BKFR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||128.63||52wk High Date||2018-09-27|
|52wk Low||108.9||52wk Low Date||2018-02-09|