Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
iShares JP MORGAN USD EMERGING MAR [NAV] (PACF:EMB.NV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 Oct 8th, 2018 at 105.8691
The short term trend has been UP since Oct 16th, 2018 at 105.5110
Smart Scan Analysis for EMB.NV
Based on a pre-defined weighted trend formula for chart analysis, EMB.NV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||116.205||52wk High Date||2017-10-20|
|52wk Low||104.9||52wk Low Date||2018-09-11|