Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
iShares JP MORGAN EM LOCAL CURRENCY BOND [TOTAL CASH/UNIT] (PACF:LEMB.TC)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 LEMB.TC
The long term trend has been DOWN since Jan 11th, 2018 at 117925.05
The intermediate term trend has been DOWN since Mar 13th, 2018 at 147134.38
The short term trend has been DOWN since Mar 13th, 2018 at 151534.14
Smart Scan Analysis for LEMB.TC
Based on a pre-defined weighted trend formula for chart analysis, LEMB.TC scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||630025.5||52wk High Date||2017-05-02|
|52wk Low||95702.64||52wk Low Date||2018-03-09|