Index Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
iShares JP MORGAN USD EMERGING MAR [NAV] (PACF:EMB.NV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since Apr 6th, 2018 at 112.0494
The short term trend has been UP since Apr 6th, 2018 at 112.0494
Smart Scan Analysis for EMB.NV
Based on a pre-defined weighted trend formula for chart analysis, EMB.NV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||117||52wk High Date||2017-09-10|
|52wk Low||111.2082||52wk Low Date||2018-02-16|