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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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

Strong Downtrend (-100) - BKGAFT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKGAFT continues to fall. Traders should use caution and set stops.

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
1057.24 1057.24 1057.24 1057.24 +1.99
Entry Signal

MarketClub’s Trade Triangles for BKGAFT

long term down The long-term trend has been DOWN since Oct 25th, 2024 at 1059.25

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1125.53

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 1128.66

Smart Scan Analysis for BKGAFT

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

-100
Smart Scan Analysis for BKGAFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1057.24 1057.24 1057.24 1057.24 +1.99
Prev. Close Volume Bid Ask Time
1057.24 0 2024-10-25 12:42:40
52wk High1609.6852wk High Date2018-05-11
52wk Low1230.3752wk Low Date2018-11-28
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