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Future Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

USD-DENOMINATED IBOVESPA Dec 2019 (CME:IBV.Z19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

CME_IBV.Z19
Open High Low IBV.Z19 Price Change
107900 107985 107800 107800 +855
Entry Signal

MarketClub’s Trade Triangles for IBV.Z19

long term up The long term trend has been UP since Oct 17th, 2019 at 106225

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 106225

short term down The short term trend has been DOWN since Nov 8th, 2019 at 108015

Smart Scan Analysis for IBV.Z19

Based on a pre-defined weighted trend formula for chart analysis, IBV.Z19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for IBV.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107900 107985 107800 107800 +855
Prev. Close Volume Bid Ask Time
106445 10 2019-11-18 08:18:48
Expiration2019-12-18Open Time18:00
Close Time17:00
Want to analyze USD-DENOMINATED IBOVESPA Dec 2019 IBV.Z19 or another symbol? Try our Free Future Trend Analysis Report.