Future Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
USD-DENOMINATED IBOVESPA Dec 2020 (CME:IBV.Z20)
Long-Term Uptrend (+90) - IBV.Z20 is in a strong uptrend that is likely to continue. While IBV.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid IBV.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBV.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBV.Z20
The long-term trend has been UP since Nov 9th, 2020 at 102085
The intermediate-term trend has been UP since Nov 9th, 2020 at 102085
The short-term trend has been UP since Nov 24th, 2020 at 107165
Smart Scan Analysis for IBV.Z20
Based on our trend formula, IBV.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).