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Index Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

BNY Mellon Africa GDR Index (CME:BKGAF)

Weak Downtrend (-65) - BKGAF is showing signs of a strengthening downtrend. Monitor BKGAF as it may be building momentum to the downside.

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
633.24 633.24 624.02 626.90 +1.15
Entry Signal

MarketClub’s Trade Triangles for BKGAF

long term down The long-term trend has been DOWN since Oct 10th, 2024 at 614.03

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 639.11

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 639.11

Smart Scan Analysis for BKGAF

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

-65
Smart Scan Analysis for BKGAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
633.24 633.24 624.02 626.90 +1.15
Prev. Close Volume Bid Ask Time
625.75 0 2024-11-22 06:52:17
52wk High1173.0652wk High Date2018-04-20
52wk Low865.552wk Low Date2018-11-26
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