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Index Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

S&P Africa 40 Index (EURO) (CME:SPAFREP)

Countertrend Up (+85) - SPAFREP 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 SPAFREP?

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

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

Open High Low SPAFREP Price Change
199.28 200.75 199.08 199.51 +0.03
Entry Signal

MarketClub’s Trade Triangles for SPAFREP

long term up The long-term trend has been UP since Oct 12th, 2021 at 192.65

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 189.99

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 199.17

Smart Scan Analysis for SPAFREP

Based on our trend formula, SPAFREP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SPAFREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
199.28 200.75 199.08 199.51 +0.03
Prev. Close Volume Bid Ask Time
199.48 0 2021-10-22 18:01:14
52wk High232.8152wk High Date2018-01-25
52wk Low181.5652wk Low Date2018-10-11
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