Index Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
Proshares MSCI Emerging Markets Dividend Growers ETF (GIF:EMDV)
Strong Downtrend (-100) - EMDV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EMDV?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMDV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMDV
The long-term trend has been DOWN since Feb 25th, 2020 at 55.730
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 50.736
The short-term trend has been DOWN since Sep 18th, 2020 at 51.105
Smart Scan Analysis for EMDV
Based on our trend formula, EMDV is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).