Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Goldman Sachs BRICs Nifty 50 Emerging Markets Tradable Index (CME:N50EMPRT)
Bear Market Rally (-75) - N50EMPRT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on N50EMPRT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid N50EMPRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for N50EMPRT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for N50EMPRT
The long-term trend has been DOWN since Jul 8th, 2021 at 1420.12
The intermediate-term trend has been UP since Jan 7th, 2022 at 1325.32
The short-term trend has been DOWN since Jan 24th, 2022 at 1321.18
Smart Scan Analysis for N50EMPRT
Based on our trend formula, N50EMPRT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1417.48||52wk High Date||2018-01-29|
|52wk Low||1004.61||52wk Low Date||2018-10-30|