Index Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
BNY Mellon Emerging Markets GDR Index (CME:BKGEM)
Crossroads (-60) - BKGEM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BKGEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BKGEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BKGEM
The long-term trend has been UP since Jun 1st, 2021 at 2267.41
The intermediate-term trend has been DOWN since Jun 21st, 2021 at 2247.47
The short-term trend has been DOWN since Jun 17th, 2021 at 2299.60
Smart Scan Analysis for BKGEM
Based on our trend formula, BKGEM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1754.29||52wk High Date||2018-01-25|
|52wk Low||1343.35||52wk Low Date||2018-10-26|