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.
MarketClub’s Trade Triangles for ERAEMSAP
The long-term trend has been UP since Jul 21st, 2020 at 453.29
The intermediate-term trend has been DOWN since Aug 4th, 2020 at 430.69
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).
|52wk High||1147.73||52wk High Date||2018-01-25|
|52wk Low||736.54||52wk Low Date||2018-10-26|