Index Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
S&P Morocco BMI (US Dollar) Net Total Return (CME:SPFMADN)
Bull Market Weakness (+75) - SPFMADN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPFMADN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SPFMADN
The long-term trend has been UP since Dec 11th, 2019 at 625.74
The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 645.59
The short-term trend has been UP since Feb 21st, 2020 at 643.42
Smart Scan Analysis for SPFMADN
Based on our trend formula, SPFMADN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).