Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Morningstar Dividend Yield Focus Total Return Index - CAD Hedged (CME:MDYFCHT)
Strong Downtrend (-100) - MDYFCHT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MDYFCHT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDYFCHT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDYFCHT
The long-term trend has been DOWN since Feb 3rd, 2020 at 3331.36
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 3008.48
The short-term trend has been DOWN since Sep 3rd, 2020 at 3008.48
Smart Scan Analysis for MDYFCHT
Based on our trend formula, MDYFCHT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3184.51||52wk High Date||2018-01-26|
|52wk Low||2796.29||52wk Low Date||2018-03-23|