Index Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
S&P Latin America Under USD2 Billion (US Dollar) (CME:SPCRU2BRLAUSD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for SPCRU2BRLAUSD
The long term trend has been UP since Jun 19th, 2019 at 348.87
The intermediate term trend has been UP since Jun 3rd, 2019 at 330.24
The short term trend has been DOWN since Jul 19th, 2019 at 369.41
Smart Scan Analysis for SPCRU2BRLAUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCRU2BRLAUSD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||379.32||52wk High Date||2018-01-26|
|52wk Low||272.73||52wk Low Date||2018-09-11|