Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Goldman Sachs BRICs Nifty 50 Emerging Markets Index (CME:N50EMPR)
Weak Downtrend (-65) - N50EMPR is showing signs of a strengthening downtrend. Monitor N50EMPR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid N50EMPR?
MarketClub looks at technical strength and momentum to determine if the timing is right for N50EMPR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for N50EMPR
The long-term trend has been DOWN since Jul 8th, 2021 at 1500.80
The intermediate-term trend has been UP since Jan 3rd, 2022 at 1444.52
The short-term trend has been DOWN since Jan 24th, 2022 at 1445.39
Smart Scan Analysis for N50EMPR
Based on our trend formula, N50EMPR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1439.66||52wk High Date||2018-01-29|
|52wk Low||1051.16||52wk Low Date||2018-10-30|