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Index Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

BNY Mellon MENA GDR Total Return Index (CME:BKGMAT)

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

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

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

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

CME_BKGMAT
Open High Low BKGMAT Price Change
851.92 851.92 851.92 851.92 -20.90
Entry Signal

MarketClub’s Trade Triangles for BKGMAT

long term up The long-term trend has been UP since Jul 19th, 2021 at 830.98

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2021 at 870.24

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 870.05

Smart Scan Analysis for BKGMAT

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

-70
Smart Scan Analysis for BKGMAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
851.92 851.92 851.92 851.92 -20.90
Prev. Close Volume Bid Ask Time
872.82 0 2021-11-30 14:52:44
52wk High1234.7852wk High Date2018-05-11
52wk Low957.9752wk Low Date2018-11-28
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