Index Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
S&P Morocco Real Estate price index in local currency (CME:SPFMALP60)
Crossroads (-60) - SPFMALP60 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 SPFMALP60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPFMALP60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPFMALP60
The long-term trend has been UP since Dec 11th, 2020 at 2.81
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 4.76
The short-term trend has been DOWN since Nov 24th, 2021 at 4.33
Smart Scan Analysis for SPFMALP60
Based on our trend formula, SPFMALP60 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).