Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
Citi Value Pure Europe TR Index (CME:CIISVAET)
Countertrend Down (-85) - CIISVAET is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CIISVAET?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIISVAET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIISVAET
The long-term trend has been DOWN since Jan 3rd, 2020 at 132.87
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 110.94
The short-term trend has been UP since Aug 5th, 2020 at 111.75
Smart Scan Analysis for CIISVAET
Based on our trend formula, CIISVAET is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).