Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
S&P European Emerging Under USD2 Billion (US Dollar) (CME:SPCRU2BREEUSD)
Bull Market Weakness (+75) - SPCRU2BREEUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPCRU2BREEUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPCRU2BREEUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCRU2BREEUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCRU2BREEUSD
The long-term trend has been UP since Nov 12th, 2020 at 452.20
The intermediate-term trend has been UP since Apr 12th, 2021 at 568.33
The short-term trend has been DOWN since May 12th, 2021 at 582.94
Smart Scan Analysis for SPCRU2BREEUSD
Based on our trend formula, SPCRU2BREEUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||658.22||52wk High Date||2018-01-25|
|52wk Low||415.34||52wk Low Date||2018-11-20|