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Index Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

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
808.32 815.66 805.57 807.41 -0.91
Entry Signal

MarketClub’s Trade Triangles for BKGEG

long term up The long-term trend has been UP since Mar 4th, 2024 at 718.58

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 802.31

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 804.65

Smart Scan Analysis for BKGEG

Based on our trend formula, BKGEG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BKGEG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
808.32 815.66 805.57 807.41 -0.91
Prev. Close Volume Bid Ask Time
808.32 0 2024-07-17 11:28:32
52wk High1134.0952wk High Date2018-04-20
52wk Low831.0752wk Low Date2017-12-20
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