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Index Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

RAE Fundamental Emerging Markets (Latin America) Price Return (CME:ERAEMLAP)

Countertrend Down (-85) - ERAEMLAP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ERAEMLAP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ERAEMLAP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_ERAEMLAP
Open High Low ERAEMLAP Price Change
1595.26 1603.53 1587.27 1598.58 +3.47
Entry Signal

MarketClub’s Trade Triangles for ERAEMLAP

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 1732.36

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2024 at 1785.66

short term up The short-term trend has been UP since Jun 20th, 2024 at 1594.79

Smart Scan Analysis for ERAEMLAP

Based on our trend formula, ERAEMLAP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ERAEMLAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1595.26 1603.53 1587.27 1598.58 +3.47
Prev. Close Volume Bid Ask Time
1594.56 0 2024-06-21 16:34:49
52wk High1624.1652wk High Date2018-02-26
52wk Low1210.3852wk Low Date2018-06-07
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