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Future Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

USD-DENOMINATED IBOVESPA Aug 2020 (CME:IBV.Q20)

Weak Uptrend (+65) - IBV.Q20 is showing signs of weakening momentum to the upside. Monitor IBV.Q20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IBV.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for IBV.Q20.

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

CME_IBV.Q20
Open High Low IBV.Q20 Price Change
104150 104150 103625 103895 +895
Entry Signal

MarketClub’s Trade Triangles for IBV.Q20

long term up The long-term trend has been UP since Jun 18th, 2020 at 94750

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2020 at 100705

short term up The short-term trend has been UP since Aug 6th, 2020 at 103900

Smart Scan Analysis for IBV.Q20

Based on our trend formula, IBV.Q20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for IBV.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104150 104150 103625 103895 +895
Prev. Close Volume Bid Ask Time
104150 5 2020-08-06 10:54:03
Expiration2020-08-12Open Time18:00
Close Time17:00
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