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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
NewFunds Risk-Controlled WITS SA-Momentum Index TR (CME:NFEMOMT)
Bull Market Weakness (+75) - NFEMOMT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NFEMOMT as it may be in the beginning stages of a reversal.
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 DOWN since Apr 16th, 2024 at 170.77
The short-term trend has been UP since Apr 22nd, 2024 at 172.11
Smart Scan Analysis for NFEMOMT
Based on our trend formula, NFEMOMT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 172.45 | 175.64 | 172.38 | 175.03 | +2.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 172.45 | 0 | 2024-04-26 12:34:00 |