Index Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
S&P Latin America Under USD2 Billion (US Dollar) (CME:SPCRU2BRLAUSD)
Sidelines Mode (+55) - SPCRU2BRLAUSD 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 SPCRU2BRLAUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCRU2BRLAUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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 DOWN since Jan 27th, 2020 at 395.05
The short-term trend has been UP since Feb 14th, 2020 at 381.77
Smart Scan Analysis for SPCRU2BRLAUSD
Based on our trend formula, SPCRU2BRLAUSD is rated as a +55 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|