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Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

S&P Africa 40 Index (CME:SPAFRUP)

Strong Uptrend (+100) - SPAFRUP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPAFRUP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SPAFRUP?

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

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

Open High Low SPAFRUP Price Change
163.49 163.99 161.38 162.35 -1.27
Entry Signal

MarketClub’s Trade Triangles for SPAFRUP

long term up The long-term trend has been UP since Jun 8th, 2020 at 149.53

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 112.38

short term up The short-term trend has been UP since Aug 5th, 2020 at 161.48

Smart Scan Analysis for SPAFRUP

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

Smart Scan Analysis for SPAFRUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.49 163.99 161.38 162.35 -1.27
Prev. Close Volume Bid Ask Time
143.22 0 2020-08-06 20:29:26
52wk High222.9852wk High Date2018-01-25
52wk Low158.4252wk Low Date2018-11-14
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