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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

BNY Mellon MENA GDR Index (CME:BKGMA)

Weak Downtrend (-65) - BKGMA is showing signs of a strengthening downtrend. Monitor BKGMA as it may be building momentum to the downside.

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

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

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

CME_BKGMA
Open High Low BKGMA Price Change
538.47 542.70 536.59 537.53 -0.66
Entry Signal

MarketClub’s Trade Triangles for BKGMA

long term up The long-term trend has been UP since Sep 14th, 2020 at 546.45

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2020 at 535.96

short term down The short-term trend has been DOWN since Oct 12th, 2020 at 555.62

Smart Scan Analysis for BKGMA

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

-70
Smart Scan Analysis for BKGMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
538.47 542.70 536.59 537.53 -0.66
Prev. Close Volume Bid Ask Time
551.84 0 2020-10-19 17:05:38
52wk High864.2352wk High Date2018-04-20
52wk Low655.2352wk Low Date2018-11-26
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