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.
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MarketClub’s Trade Triangles for EMLNX
The long-term trend has been UP since Dec 14th, 2023 at 5.61
The intermediate-term trend has been UP since Mar 5th, 2024 at 5.60
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).
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 High | 5.83 | 52wk High Date | 2023-07-18 |
52wk Low | 5.22 | 52wk Low Date | 2023-10-05 |
Year End Close | 5.77 |