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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
NewFunds Risk-Controlled WITS SA-Momentum Index TR (CME:NFEMOMT)
Countertrend Up (+85) - NFEMOMT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NFEMOMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NFEMOMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NFEMOMT
The long-term trend has been UP since Nov 14th, 2023 at 168.71
The intermediate-term trend has been UP since Nov 21st, 2024 at 218.72
The short-term trend has been UP since Dec 24th, 2024 at 221.36
Smart Scan Analysis for NFEMOMT
Based on our trend formula, NFEMOMT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 220.50 | 222.00 | 220.29 | 221.22 | +0.79 |
| Prev. Close | Volume | Bid | Ask | Time |
| 221.22 | 0 | 2024-12-24 11:29:59 |