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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

MFS EMERGING MARKETS DEBT LOCAL CURRENCY FUND CLASS R6 (NASDAQ:EMLNX)

Sidelines Mode (+55) - EMLNX 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 EMLNX?

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

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

NASDAQ_EMLNX
Open High Low EMLNX Price Change
5.57 5.57 5.57 5.55 0.00
Entry Signal

MarketClub’s Trade Triangles for EMLNX

long term up The long-term trend has been UP since Dec 14th, 2023 at 5.61

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 5.60

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 5.65

Smart Scan Analysis for EMLNX

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

+55
Smart Scan Analysis for EMLNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.57 5.57 5.57 5.55 0.00
Prev. Close Volume Bid Ask Time
5.57 0 5.57 5.57 2024-03-19 20:00:00
52wk High5.8352wk High Date2023-07-18
52wk Low5.2252wk Low Date2023-10-05
Year End Close5.77
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