Index Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
EGShares Emerging Markets Consumer ETF (GIF:ECON)
Weak Downtrend (-65) - ECON is showing signs of a strengthening downtrend. Monitor ECON as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ECON?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECON
The long-term trend has been UP since Jun 5th, 2020 at 22.876
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 29.240
The short-term trend has been DOWN since Apr 9th, 2021 at 27.858
Smart Scan Analysis for ECON
Based on our trend formula, ECON is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).