Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
S&P LATIN AMERICA UNDER $2 BILLION (CME:SPCRU2BRLAUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Nov 5th, 2018 at 314.21
The intermediate term trend has been UP since Jan 2nd, 2019 at 307.99
The short term trend has been UP since Feb 14th, 2019 at 342.29
Smart Scan Analysis for SPCRU2BRLAUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCRU2BRLAUSD scored +90 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|