Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
iShares MSCI Mexico Capped ETF (GIF:EWW)
Long-Term Downtrend (-90) - EWW is in a strong downtrend that is likely to continue. While EWW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EWW?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWW
The long-term trend has been DOWN since Feb 27th, 2020 at 42.723
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 32.322
The short-term trend has been DOWN since Sep 18th, 2020 at 33.465
Smart Scan Analysis for EWW
Based on our trend formula, EWW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).