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Index Trend Analysis Report

Prepared for you on Friday, April 16, 2021.

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
2729.69 2741.63 2728.35 2740.41 +16.84
Entry Signal

MarketClub’s Trade Triangles for N50DMTR

long term up The long-term trend has been UP since Jun 3rd, 2020 at 1852.02

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2021 at 2634.34

short term up The short-term trend has been UP since Apr 14th, 2021 at 2708.18

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
2729.69 2741.63 2728.35 2740.41 +16.84
Prev. Close Volume Bid Ask Time
2723.57 0 2021-04-16 12:41:00
52wk High2093.9252wk High Date2018-01-23
52wk Low1672.2552wk Low Date2018-10-29
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