Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
RAE Fundamental Emerging Markets (Europe) Price Return (CME:ERAEMEUP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 ERAEMEUP
The long term trend has been UP since May 30th, 2019 at 1617.55
The intermediate term trend has been DOWN since Jul 17th, 2019 at 1751.40
The short term trend has been DOWN since Jul 16th, 2019 at 1788.41
Smart Scan Analysis for ERAEMEUP
Based on a pre-defined weighted trend formula for chart analysis, ERAEMEUP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2006.36||52wk High Date||2018-01-25|
|52wk Low||1362.31||52wk Low Date||2018-09-11|