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Index Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

RAE Fundamental Emerging Markets (Latin America) Price Return (CME:ERAEMLAP)

Weak Downtrend (-65) - ERAEMLAP is showing signs of a strengthening downtrend. Monitor ERAEMLAP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ERAEMLAP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ERAEMLAP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_ERAEMLAP
Open High Low ERAEMLAP Price Change
1801.19 1813.04 1792.45 1804.67 +3.45
Entry Signal

MarketClub’s Trade Triangles for ERAEMLAP

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 1732.36

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 1855.22

short term down The short-term trend has been DOWN since May 14th, 2024 at 1840.43

Smart Scan Analysis for ERAEMLAP

Based on our trend formula, ERAEMLAP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ERAEMLAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1801.19 1813.04 1792.45 1804.67 +3.45
Prev. Close Volume Bid Ask Time
1801.22 0 2024-05-20 16:34:49
52wk High1624.1652wk High Date2018-02-26
52wk Low1210.3852wk Low Date2018-06-07
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