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Index Trend Analysis Report

Prepared for you on Saturday, March 2, 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.

CME_SPFMALP60
Open High Low SPFMALP60 Price Change
4.76 4.83 4.76 4.77 +0.01
Entry Signal

MarketClub’s Trade Triangles for SPFMALP60

long term up The long-term trend has been UP since Apr 27th, 2023 at 2.85

intermediate term up The intermediate-term trend has been UP since Jan 5th, 2024 at 4.12

short term up The short-term trend has been UP since Feb 16th, 2024 at 4.50

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).

+90
Smart Scan Analysis for SPFMALP60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.76 4.83 4.76 4.77 +0.01
Prev. Close Volume Bid Ask Time
4.77 0 2024-03-01 12:06:13
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