Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P Morocco BMI (US Dollar) Net Total Return (CME:SPFMADN)
Countertrend Up (+85) - SPFMADN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPFMADN
The long-term trend has been UP since Dec 22nd, 2023 at 658.44
The intermediate-term trend has been UP since Apr 8th, 2024 at 697.16
The short-term trend has been UP since Apr 26th, 2024 at 695.78
Smart Scan Analysis for SPFMADN
Based on our trend formula, SPFMADN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 695.05 | 697.67 | 690.84 | 694.12 | -0.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 695.05 | 0 | 2024-04-26 10:58:04 |