Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (CME:N50DMTR)

Weak Downtrend (-65) - N50DMTR is showing signs of a strengthening downtrend. Monitor N50DMTR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid N50DMTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for N50DMTR.

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

CME_N50DMTR
Open High Low N50DMTR Price Change
2090.49 2091.08 2037.12 2039.49 -46.96
Entry Signal

MarketClub’s Trade Triangles for N50DMTR

long term up The long-term trend has been UP since Jun 3rd, 2020 at 1852.02

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2020 at 2041.72

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 2109.72

Smart Scan Analysis for N50DMTR

Based on our trend formula, N50DMTR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for N50DMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2090.49 2091.08 2037.12 2039.49 -46.96
Prev. Close Volume Bid Ask Time
2073.20 0 2020-10-28 16:20:00
52wk High2093.9252wk High Date2018-01-23
52wk Low1672.2552wk Low Date2018-10-29
Get a free daily analysis and signals for Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (N50DMTR) - Request Your Free Report.