Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
BNY MELLON EASTERN EUROPE X - RUSSIA GDR (CME:BKGEEX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BKGEEX
The long term trend has been DOWN since Dec 19th, 2018 at 836.53
The intermediate term trend has been UP since Feb 1st, 2019 at 780.88
The short term trend has been DOWN since Feb 20th, 2019 at 822.80
Smart Scan Analysis for BKGEEX
Based on a pre-defined weighted trend formula for chart analysis, BKGEEX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1060.69||52wk High Date||2018-03-20|
|52wk Low||836.53||52wk Low Date||2018-11-09|