Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

RAE Fundamental Emerging Markets (South Africa) Price Return (CME:ERAEMSAP)

Weak Downtrend (-65) - ERAEMSAP is showing signs of a strengthening downtrend. Monitor ERAEMSAP as it may be building momentum to the downside.

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

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

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

CME_ERAEMSAP
Open High Low ERAEMSAP Price Change
394.40 394.40 394.40 394.40 +1.24
Entry Signal

MarketClub’s Trade Triangles for ERAEMSAP

long term up The long-term trend has been UP since Jul 21st, 2020 at 453.29

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2020 at 430.69

short term down The short-term trend has been DOWN since Jul 24th, 2020 at 449.70

Smart Scan Analysis for ERAEMSAP

Based on our trend formula, ERAEMSAP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ERAEMSAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
394.40 394.40 394.40 394.40 +1.24
Prev. Close Volume Bid Ask Time
414.32 0 2020-08-04 17:54:04
52wk High1147.7352wk High Date2018-01-25
52wk Low736.5452wk Low Date2018-10-26
Get a free daily analysis and signals for RAE Fundamental Emerging Markets (South Africa) Price Return (ERAEMSAP) - Request Your Free Report.