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Index Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

S&P/IFCI Large-Mid Cap Turkey total return index in local currency (CME:SPITRXLT)

Sidelines Mode (-55) - SPITRXLT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPITRXLT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPITRXLT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPITRXLT
Open High Low SPITRXLT Price Change
3215.32 3248.29 3170.66 3187.04 -26.88
Entry Signal

MarketClub’s Trade Triangles for SPITRXLT

long term up The long-term trend has been UP since Aug 6th, 2021 at 879.03

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2023 at 3104.50

short term up The short-term trend has been UP since Mar 24th, 2023 at 3215.62

Smart Scan Analysis for SPITRXLT

Based on our trend formula, SPITRXLT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPITRXLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3215.32 3248.29 3170.66 3187.04 -26.88
Prev. Close Volume Bid Ask Time
3213.92 0 2023-03-24 12:29:47
52wk High752.7652wk High Date2018-01-29
52wk Low529.7852wk Low Date2018-08-17
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