Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
S&P Emerging Under USD2 Billion (US Dollar) (CME:SPCRU2BREMUSD)
Weak Downtrend (-65) - SPCRU2BREMUSD is showing signs of a strengthening downtrend. Monitor SPCRU2BREMUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPCRU2BREMUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCRU2BREMUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCRU2BREMUSD
The long-term trend has been UP since Dec 5th, 2022 at 306.56
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 324.10
The short-term trend has been DOWN since Sep 19th, 2023 at 328.10
Smart Scan Analysis for SPCRU2BREMUSD
Based on our trend formula, SPCRU2BREMUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||326.19||52wk High Date||2018-01-29|
|52wk Low||232.71||52wk Low Date||2018-10-30|