Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
iShares MSCI Indonesia ETF (GIF:EIDO)
Strong Uptrend (+100) - EIDO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EIDO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EIDO?
MarketClub looks at technical strength and momentum to determine if the timing is right for EIDO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EIDO
The long-term trend has been UP since Aug 26th, 2020 at 20.094
The intermediate-term trend has been UP since Oct 13th, 2020 at 18.299
The short-term trend has been UP since Nov 3rd, 2020 at 18.854
Smart Scan Analysis for EIDO
Based on our trend formula, EIDO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).