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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P Morocco Real Estate price index in local currency (CME:SPFMALP60)
Long-Term Uptrend (+90) - SPFMALP60 is in a strong uptrend that is likely to continue. While SPFMALP60 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 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.
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MarketClub’s Trade Triangles for SPFMALP60
The long-term trend has been UP since Apr 27th, 2023 at 2.85
The intermediate-term trend has been UP since Jul 19th, 2024 at 6.48
The short-term trend has been UP since Jul 5th, 2024 at 6.31
Smart Scan Analysis for SPFMALP60
Based on our trend formula, SPFMALP60 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.48 | 6.63 | 6.48 | 6.59 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.48 | 0 | 2024-07-26 12:06:53 |