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Index Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

Goldman Sachs BRICs Nifty 50 Emerging Markets Index TR (CME:N50EMTR)

Bear Market Rally (-75) - N50EMTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on N50EMTR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid N50EMTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for N50EMTR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_N50EMTR
Open High Low N50EMTR Price Change
1551.32 1567.40 1550.23 1563.23 +41.89
Entry Signal

MarketClub’s Trade Triangles for N50EMTR

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 1815.73

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2022 at 1649.38

short term up The short-term trend has been UP since May 17th, 2022 at 1518.73

Smart Scan Analysis for N50EMTR

Based on our trend formula, N50EMTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for N50EMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1551.32 1567.40 1550.23 1563.23 +41.89
Prev. Close Volume Bid Ask Time
1565.66 0 2022-05-20 16:35:00
52wk High1720.4952wk High Date2018-01-29
52wk Low1284.5252wk Low Date2018-10-30
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