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Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

BNY Mellon Africa GDR Index (CME:BKGAF)

Bull Market Weakness (+75) - BKGAF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BKGAF as it may be in the beginning stages of a reversal.

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
1157.28 1157.28 1149.56 1157.28 -1.55
Entry Signal

MarketClub’s Trade Triangles for BKGAF

long term up The long-term trend has been UP since Aug 29th, 2019 at 1024.37

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2019 at 1092.29

short term down The short-term trend has been DOWN since Feb 12th, 2020 at 1155.14

Smart Scan Analysis for BKGAF

Based on our trend formula, BKGAF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BKGAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1157.28 1157.28 1149.56 1157.28 -1.55
Prev. Close Volume Bid Ask Time
1146.87 0 2020-02-21 11:29:32
52wk High1173.0652wk High Date2018-04-20
52wk Low865.552wk Low Date2018-11-26
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