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Index Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

BNY Mellon Africa GDR Total Return Index (CME:BKGAFT)

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

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

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

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

CME_BKGAFT
Open High Low BKGAFT Price Change
1158.17 1158.17 1158.17 1158.17 -7.94
Entry Signal

MarketClub’s Trade Triangles for BKGAFT

long term up The long-term trend has been UP since Feb 10th, 2025 at 1110.12

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2025 at 1091.71

short term up The short-term trend has been UP since Apr 25th, 2025 at 1134.45

Smart Scan Analysis for BKGAFT

Based on our trend formula, BKGAFT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BKGAFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1158.17 1158.17 1158.17 1158.17 -7.94
Prev. Close Volume Bid Ask Time
1176.15 0 2025-04-29 12:34:13
52wk High1609.6852wk High Date2018-05-11
52wk Low1230.3752wk Low Date2018-11-28
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