Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
ENHANCED RAFI EMERGING MARKETS (ASIA) PR (CME:ERAEMASP)
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 ERAEMASP
The long term trend has been UP since Feb 22nd, 2019 at 2628.50
The intermediate term trend has been DOWN since Mar 10th, 2019 at 2572.30
The short term trend has been DOWN since Mar 22nd, 2019 at 2637.18
Smart Scan Analysis for ERAEMASP
Based on a pre-defined weighted trend formula for chart analysis, ERAEMASP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3269.14||52wk High Date||2018-01-29|
|52wk Low||2376.13||52wk Low Date||2018-10-30|