Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
RAE Fundamental Global Developed Europe Total Return (CME:ERAGDET)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 ERAGDET
The long term trend has been UP since Oct 17th, 2019 at 1113.71
The intermediate term trend has been DOWN since Jan 6th, 2020 at 1171.30
The short term trend has been DOWN since Jan 21st, 2020 at 1171.16
Smart Scan Analysis for ERAGDET
Based on a pre-defined weighted trend formula for chart analysis, ERAGDET scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1274.09||52wk High Date||2018-01-25|
|52wk Low||1010.47||52wk Low Date||2018-10-26|