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Index Trend Analysis Report

Prepared for you on Saturday, August 15, 2020.

BNY Mellon Egypt GDR Index (CME:BKGEG)

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

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

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

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

CME_BKGEG
Open High Low BKGEG Price Change
975.40 1007.08 975.40 1000.04 -5.87
Entry Signal

MarketClub’s Trade Triangles for BKGEG

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 1194.40

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2020 at 1012.92

short term up The short-term trend has been UP since Aug 13th, 2020 at 1017.64

Smart Scan Analysis for BKGEG

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

+70
Smart Scan Analysis for BKGEG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
975.40 1007.08 975.40 1000.04 -5.87
Prev. Close Volume Bid Ask Time
1008.28 0 2020-08-14 11:30:02
52wk High1134.0952wk High Date2018-04-20
52wk Low831.0752wk Low Date2017-12-20
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