Index Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
RAE Fundamental International Large (Europe) Price Return (CME:ERADXUEP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 ERADXUEP
The long term trend has been UP since Oct 17th, 2019 at 1185.85
The intermediate term trend has been DOWN since Jan 7th, 2020 at 1256.93
The short term trend has been DOWN since Jan 10th, 2020 at 1256.31
Smart Scan Analysis for ERADXUEP
Based on a pre-defined weighted trend formula for chart analysis, ERADXUEP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1471.11||52wk High Date||2018-01-25|
|52wk Low||1142.55||52wk Low Date||2018-10-28|