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Index Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

S&P Africa 40 Index (CME:SPAFRUP)

Long-Term Downtrend (-90) - SPAFRUP is in a strong downtrend that is likely to continue. While SPAFRUP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

CME_SPAFRUP
Open High Low SPAFRUP Price Change
157.31 157.38 157.30 157.36 +0.02
Entry Signal

MarketClub’s Trade Triangles for SPAFRUP

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 158.57

intermediate term down The intermediate-term trend has been DOWN since Dec 17th, 2024 at 163.38

short term down The short-term trend has been DOWN since Jan 8th, 2025 at 160.33

Smart Scan Analysis for SPAFRUP

Based on our trend formula, SPAFRUP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPAFRUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.31 157.38 157.30 157.36 +0.02
Prev. Close Volume Bid Ask Time
157.34 0 2025-01-15 00:31:20
52wk High222.9852wk High Date2018-01-25
52wk Low158.4252wk Low Date2018-11-14
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