Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
S&P Morocco Real Estate price index in local currency (CME:SPFMALP6010)
Weak Downtrend (-65) - SPFMALP6010 is showing signs of a strengthening downtrend. Monitor SPFMALP6010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPFMALP6010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPFMALP6010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPFMALP6010
The long-term trend has been UP since Dec 16th, 2019 at 4.11
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 3.87
The short-term trend has been DOWN since Feb 25th, 2020 at 3.62
Smart Scan Analysis for SPFMALP6010
Based on our trend formula, SPFMALP6010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).