Index Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
S&P Mid-East and Africa Under USD2 Billion (US Dollar) (CME:SPCRU2BRMEUSD)
Crossroads (-60) - SPCRU2BRMEUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPCRU2BRMEUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCRU2BRMEUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCRU2BRMEUSD
The long-term trend has been UP since Jun 8th, 2023 at 210.20
The intermediate-term trend has been DOWN since Sep 7th, 2023 at 212.64
The short-term trend has been DOWN since Sep 25th, 2023 at 212.74
Smart Scan Analysis for SPCRU2BRMEUSD
Based on our trend formula, SPCRU2BRMEUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||267.9||52wk High Date||2018-02-26|
|52wk Low||184.81||52wk Low Date||2018-10-11|