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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Bull Market Weakness (+75) - SPAFREP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPAFREP as it may be in the beginning stages of a reversal.

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.

CME_SPAFREP
Open High Low SPAFREP Price Change
184.07 184.15 183.98 184.04 +0.04
Entry Signal

MarketClub’s Trade Triangles for SPAFREP

long term up The long-term trend has been UP since Apr 4th, 2024 at 183.97

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 177.22

short term up The short-term trend has been UP since Apr 22nd, 2024 at 186.95

Smart Scan Analysis for SPAFREP

Based on our trend formula, SPAFREP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPAFREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
184.07 184.15 183.98 184.04 +0.04
Prev. Close Volume Bid Ask Time
184.00 0 2024-04-25 02:43:31
52wk High232.8152wk High Date2018-01-25
52wk Low181.5652wk Low Date2018-10-11
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