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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (CME:N50DMTR)

Long-Term Uptrend (+90) - N50DMTR is in a strong uptrend that is likely to continue. While N50DMTR 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 N50DMTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for N50DMTR.

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

CME_N50DMTR
Open High Low N50DMTR Price Change
2769.74 2770.39 2768.70 2769.34 -1.22
Entry Signal

MarketClub’s Trade Triangles for N50DMTR

long term up The long-term trend has been UP since Dec 14th, 2023 at 2579.10

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2024 at 2642.59

short term up The short-term trend has been UP since Mar 27th, 2024 at 2750.85

Smart Scan Analysis for N50DMTR

Based on our trend formula, N50DMTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for N50DMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2769.74 2770.39 2768.70 2769.34 -1.22
Prev. Close Volume Bid Ask Time
2770.56 0 2024-03-29 04:40:15
52wk High2093.9252wk High Date2018-01-23
52wk Low1672.2552wk Low Date2018-10-29
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