Index Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
Morningstar Global ex-US Moat Focus Index SM PR USD (CME:MGEUMFUP)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for MGEUMFUP
The long term trend has been DOWN since May 9th, 2019 at 2315.63
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 2297.69
The short term trend has been DOWN since Aug 22nd, 2019 at 2180.49
Smart Scan Analysis for MGEUMFUP
Based on a pre-defined weighted trend formula for chart analysis, MGEUMFUP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).