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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

BNY Mellon Africa GDR Index (CME:BKGAF)

Long-Term Uptrend (+90) - BKGAF is in a strong uptrend that is likely to continue. While BKGAF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BKGAF?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKGAF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKGAF
Open High Low BKGAF Price Change
671.72 676.34 670.57 670.57 -1.73
Entry Signal

MarketClub’s Trade Triangles for BKGAF

long term up The long-term trend has been UP since Nov 28th, 2023 at 618.89

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 593.48

short term up The short-term trend has been UP since Apr 18th, 2024 at 674.03

Smart Scan Analysis for BKGAF

Based on our trend formula, BKGAF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BKGAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
671.72 676.34 670.57 670.57 -1.73
Prev. Close Volume Bid Ask Time
672.30 0 2024-04-19 13:57:38
52wk High1173.0652wk High Date2018-04-20
52wk Low865.552wk Low Date2018-11-26
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