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Index Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

BNY Mellon New Frontier DR Index (CME:BKNFR)

Strong Downtrend (-100) - BKNFR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKNFR continues to fall. Traders should use caution and set stops.

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

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

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

CME_BKNFR
Open High Low BKNFR Price Change
1212.38 1212.76 1200.76 1201.44 -10.03
Entry Signal

MarketClub’s Trade Triangles for BKNFR

long term down The long-term trend has been DOWN since Dec 3rd, 2021 at 1194.64

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 1220.02

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 1235.35

Smart Scan Analysis for BKNFR

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

-100
Smart Scan Analysis for BKNFR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1212.38 1212.76 1200.76 1201.44 -10.03
Prev. Close Volume Bid Ask Time
1201.25 0 2022-01-21 16:20:02
52wk High1115.3352wk High Date2018-03-19
52wk Low851.4852wk Low Date2018-10-30
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