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Index Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

S&P Morocco BMI (US Dollar) Net Total Return (CME:SPFMADN)

Long-Term Uptrend (+90) - SPFMADN is in a strong uptrend that is likely to continue. While SPFMADN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPFMADN
Open High Low SPFMADN Price Change
763.08 765.98 762.64 763.48 +0.40
Entry Signal

MarketClub’s Trade Triangles for SPFMADN

long term up The long-term trend has been UP since Jul 27th, 2020 at 544.67

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2021 at 747.83

short term up The short-term trend has been UP since Jan 6th, 2022 at 746.39

Smart Scan Analysis for SPFMADN

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

+90
Smart Scan Analysis for SPFMADN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
763.08 765.98 762.64 763.48 +0.40
Prev. Close Volume Bid Ask Time
763.48 0 2022-01-21 12:54:32
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