Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

S&P GLOBAL AGRIBUSINESS INDEX EUR (CME:SPAGREP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPAGREP
Open High Low SPAGREP Price Change
1659.13 1660.81 1656.77 1659.13 +0.16
Entry Signal

MarketClub’s Trade Triangles for SPAGREP

long term down The long term trend has been DOWN since Dec 18th, 2018 at 1625.14

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2019 at 1642.69

short term up The short term trend has been UP since Feb 21st, 2019 at 1658.72

Smart Scan Analysis for SPAGREP

Based on a pre-defined weighted trend formula for chart analysis, SPAGREP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SPAGREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1659.13 1660.81 1656.77 1659.13 +0.16
Prev. Close Volume Bid Ask Time
1654.59 0 2019-02-22 02:56:34
52wk High1771.3652wk High Date2018-05-29
52wk Low1565.8452wk Low Date2018-04-04
Want to analyze S&P GLOBAL AGRIBUSINESS INDEX EUR SPAGREP or another symbol? Try our Free Index Trend Analysis Report.