Index Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
BNY Mellon Korea ADR Index (CME:BKKR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BKKR
The long term trend has been UP since Aug 28th, 2019 at 171.27
The intermediate term trend has been DOWN since Jan 6th, 2020 at 161.14
The short term trend has been UP since Jan 13th, 2020 at 159.22
Smart Scan Analysis for BKKR
Based on a pre-defined weighted trend formula for chart analysis, BKKR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||249.54||52wk High Date||2018-01-26|
|52wk Low||173.06||52wk Low Date||2018-10-30|