Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
RAE Fundamental Emerging Markets (Asia) Total Return (CME:ERAEMAST)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 ERAEMAST
The long term trend has been UP since Nov 1st, 2019 at 3279.82
The intermediate term trend has been DOWN since Nov 29th, 2019 at 3286.68
The short term trend has been UP since Dec 6th, 2019 at 3269.16
Smart Scan Analysis for ERAEMAST
Based on a pre-defined weighted trend formula for chart analysis, ERAEMAST scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4179.09||52wk High Date||2018-01-29|
|52wk Low||3143.43||52wk Low Date||2018-10-30|