Index Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
EWL Pan Europe PR EUR (CME:GSRPEWEL)
Bear Market Rally (-75) - GSRPEWEL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GSRPEWEL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GSRPEWEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GSRPEWEL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GSRPEWEL
The long-term trend has been DOWN since Dec 3rd, 2021 at 1327.01
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1247.66
The short-term trend has been UP since May 13th, 2022 at 1115.43
Smart Scan Analysis for GSRPEWEL
Based on our trend formula, GSRPEWEL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).