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Index Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
1118.09 1120.78 1116.96 1118.09 -2.60
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 Oct 1st, 2019 at 1099.19

short term up The short term trend has been UP since Oct 10th, 2019 at 1089.75

Smart Scan Analysis for N50EMPRT

Based on a pre-defined weighted trend formula for chart analysis, N50EMPRT scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for N50EMPRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1118.09 1120.78 1116.96 1118.09 -2.60
Prev. Close Volume Bid Ask Time
1090.50 0 2019-10-18 17:57:40
52wk High1417.4800000052wk High Date2018-01-29
52wk Low1004.6100000052wk 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.