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Index Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

BRICS NIFTY 50 EMERGING MARKETS TOTAL RETURN (CME:N50EMTR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_N50EMTR
Open High Low N50EMTR Price Change
1469.30 1470.52 1455.62 1469.30 +8.62
Entry Signal

MarketClub’s Trade Triangles for N50EMTR

long term up The long term trend has been UP since Jan 16th, 2019 at 1425.94

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 1535.28

short term down The short term trend has been DOWN since May 17th, 2019 at 1474.01

Smart Scan Analysis for N50EMTR

Based on a pre-defined weighted trend formula for chart analysis, N50EMTR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for N50EMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1469.30 1470.52 1455.62 1469.30 +8.62
Prev. Close Volume Bid Ask Time
1438.22 0 2019-05-21 14:25:45
52wk High1720.4952wk High Date2018-01-29
52wk Low1284.5252wk Low Date2018-10-30
Want to analyze BRICS NIFTY 50 EMERGING MARKETS TOTAL RETURN N50EMTR or another symbol? Try our Free Index Trend Analysis Report.