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Index Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Goldman Sachs BRICs Nifty 50 Emerging Markets Tradable Index (CME:N50EMPRT)

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.

CME_N50EMPRT
Open High Low N50EMPRT Price Change
1093.02 1103.03 1091.93 1093.02 -0.99
Entry Signal

MarketClub’s Trade Triangles for N50EMPRT

long term down The long term trend has been DOWN since May 19th, 2019 at 1133.57

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 1194.93

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 1092.52

Smart Scan Analysis for N50EMPRT

Based on a pre-defined weighted trend formula for chart analysis, N50EMPRT scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for N50EMPRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1093.02 1103.03 1091.93 1093.02 -0.99
Prev. Close Volume Bid Ask Time
1123.17 0 2019-08-23 13:16:45
52wk High1417.4852wk High Date2018-01-29
52wk Low1004.6152wk Low Date2018-10-30
Want to analyze Goldman Sachs BRICs Nifty 50 Emerging Markets Tradable Index N50EMPRT or another symbol? Try our Free Index Trend Analysis Report.