Mutual Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
MFS EMERGING MARKETS DEBT LOCAL CURRENCY CL R3 (NASDAQ:EMLLX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EMLLX
The long term trend has been DOWN since Apr 25th, 2018 at 7.22
The intermediate term trend has been DOWN since Aug 9th, 2018 at 6.59
The short term trend has been UP since Sep 7th, 2018 at 6.15
Smart Scan Analysis for EMLLX
Based on a pre-defined weighted trend formula for chart analysis, EMLLX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.55||52wk High Date||2018-02-01|
|52wk Low||6.14||52wk Low Date||2018-09-04|
|Year End Close||7.22|