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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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

Sidelines Mode (+55) - N50EMTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1295.77 1297.98 1291.23 1296.96 -1.61
Entry Signal

MarketClub’s Trade Triangles for N50EMTR

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 1448.26

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 1210.11

short term down The short-term trend has been DOWN since May 22nd, 2020 at 1288.89

Smart Scan Analysis for N50EMTR

Based on our trend formula, N50EMTR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for N50EMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1295.77 1297.98 1291.23 1296.96 -1.61
Prev. Close Volume Bid Ask Time
1170.65 0 2020-05-29 17:56:04
52wk High1720.4952wk High Date2018-01-29
52wk Low1284.5252wk Low Date2018-10-30
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