Index Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
ENHANCED RAFI EMERGING MARKETS (EUROPE) (CME:ERAEMEUT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 ERAEMEUT
The long term trend has been UP since Jan 18th, 2019 at 2218.50
The intermediate term trend has been UP since Jan 7th, 2019 at 2136.08
The short term trend has been DOWN since Feb 13th, 2019 at 2277.22
Smart Scan Analysis for ERAEMEUT
Based on a pre-defined weighted trend formula for chart analysis, ERAEMEUT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2802.25||52wk High Date||2018-01-25|
|52wk Low||1973.62||52wk Low Date||2018-09-11|