Index Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
iShares JP MORGAN USD EMERGING MAR [NAV] (PACF:EMB.NV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 EMB.NV
The long term trend has been DOWN since Nov 10th, 2017 at 114.5956
The intermediate term trend has been DOWN since Jan 12th, 2018 at 115.8443
The short term trend has been UP since Nov 21st, 2017 at 114.6857
Smart Scan Analysis for EMB.NV
Based on a pre-defined weighted trend formula for chart analysis, EMB.NV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||117||52wk High Date||2017-09-10|
|52wk Low||111.2257||52wk Low Date||2017-02-02|