Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
S&P Latin America Under USD2 Billion (US Dollar) (CME:SPCRU2BRLAUSD)
Weak Downtrend (-65) - SPCRU2BRLAUSD is showing signs of a strengthening downtrend. Monitor SPCRU2BRLAUSD as it may be building momentum to the downside.
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 DOWN since Aug 9th, 2021 at 318.05
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 342.42
The short-term trend has been UP since Oct 8th, 2021 at 285.17
Smart Scan Analysis for SPCRU2BRLAUSD
Based on our trend formula, SPCRU2BRLAUSD is rated as a -65 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|