Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
BNY Mellon Egypt GDR Total Return Index (CME:BKGEGT)
Strong Downtrend (-100) - BKGEGT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKGEGT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BKGEGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGEGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKGEGT
The long-term trend has been DOWN since Feb 24th, 2022 at 1375.01
The intermediate-term trend has been DOWN since May 24th, 2022 at 1028.71
The short-term trend has been DOWN since May 13th, 2022 at 1094.25
Smart Scan Analysis for BKGEGT
Based on our trend formula, BKGEGT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1385.64||52wk High Date||2018-05-02|
|52wk Low||1052.73||52wk Low Date||2017-12-18|