Index Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
RAE Fundamental Emerging Markets (North America) Price Return (CME:ERAEMNAP)
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 ERAEMNAP
The long term trend has been DOWN since May 7th, 2019 at 1444.88
The intermediate term trend has been UP since Jun 3rd, 2019 at 1465.83
The short term trend has been DOWN since Jun 14th, 2019 at 1506.19
Smart Scan Analysis for ERAEMNAP
Based on a pre-defined weighted trend formula for chart analysis, ERAEMNAP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1681.59||52wk High Date||2018-01-26|
|52wk Low||1209.62||52wk Low Date||2018-09-11|