Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (CME:N50DMTR)

Strong Uptrend (+100) - N50DMTR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, N50DMTR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid N50DMTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for N50DMTR.

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

CME_N50DMTR
Open High Low N50DMTR Price Change
2762.90 2765.56 2760.10 2761.89 -2.00
Entry Signal

MarketClub’s Trade Triangles for N50DMTR

long term up The long-term trend has been UP since Dec 14th, 2023 at 2579.10

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2024 at 2642.59

short term up The short-term trend has been UP since Mar 27th, 2024 at 2750.85

Smart Scan Analysis for N50DMTR

Based on our trend formula, N50DMTR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for N50DMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2762.90 2765.56 2760.10 2761.89 -2.00
Prev. Close Volume Bid Ask Time
2763.89 0 2024-03-28 06:30:00
52wk High2093.9252wk High Date2018-01-23
52wk Low1672.2552wk Low Date2018-10-29
Get a free daily analysis and signals for Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (N50DMTR) - Request Your Free Report.