Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
BNY Mellon Africa GDR Index (CME:BKGAF)
Strong Uptrend (+100) - BKGAF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BKGAF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for BKGAF
The long-term trend has been UP since Feb 12th, 2021 at 910.79
The intermediate-term trend has been UP since Feb 12th, 2021 at 910.79
The short-term trend has been UP since Mar 1st, 2021 at 916.94
Smart Scan Analysis for BKGAF
Based on our trend formula, BKGAF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1173.06||52wk High Date||2018-04-20|
|52wk Low||865.5||52wk Low Date||2018-11-26|