Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
iShares JP MORGAN EM LOCAL CURRENCY BOND [TOTAL CASH/UNIT] (PACF:LEMB.TC)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 LEMB.TC
The long term trend has been UP since Jun 4th, 2018 at 320719.38
The intermediate term trend has been UP since May 31st, 2018 at 104370.57
The short term trend has been UP since Jun 20th, 2018 at 111462.43
Smart Scan Analysis for LEMB.TC
Based on a pre-defined weighted trend formula for chart analysis, LEMB.TC scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||362219.1||52wk High Date||2018-06-04|
|52wk Low||-136912.1||52wk Low Date||2018-05-07|