Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
SGI Pan Africa Index (EURO) (CME:SGIXPAPE)
Crossroads (-60) - SGIXPAPE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGIXPAPE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXPAPE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXPAPE
The long-term trend has been UP since Dec 17th, 2020 at 81.99
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 83.27
The short-term trend has been DOWN since Mar 4th, 2021 at 83.16
Smart Scan Analysis for SGIXPAPE
Based on our trend formula, SGIXPAPE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||97.39||52wk High Date||2018-05-16|
|52wk Low||76.8||52wk Low Date||2018-10-30|