Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
S&P Latin America Under USD2 Billion (US Dollar) (CME:SPCRU2BRLAUSD)
Countertrend Up (+85) - SPCRU2BRLAUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 May 6th, 2021 at 326.44
The intermediate-term trend has been UP since Apr 6th, 2021 at 310.24
The short-term trend has been DOWN since Jun 18th, 2021 at 344.76
Smart Scan Analysis for SPCRU2BRLAUSD
Based on our trend formula, SPCRU2BRLAUSD is rated as a +85 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|