Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
iShares MSCI Russia Capped ETF (GIF:ERUS)
Crossroads (+60) - ERUS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ERUS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERUS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ERUS
The long-term trend has been DOWN since Feb 10th, 2020 at 41.033
The intermediate-term trend has been UP since Jul 21st, 2020 at 34.984
The short-term trend has been UP since Aug 5th, 2020 at 35.677
Smart Scan Analysis for ERUS
Based on our trend formula, ERUS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).