Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
SPDR S&P Emerging Markets Small Cap ETF (GIF:EWX)
Long-Term Uptrend (+90) - EWX is in a strong uptrend that is likely to continue. While EWX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWX
The long-term trend has been UP since Jul 1st, 2020 at 41.417
The intermediate-term trend has been UP since Nov 6th, 2020 at 46.129
The short-term trend has been UP since Nov 4th, 2020 at 44.895
Smart Scan Analysis for EWX
Based on our trend formula, EWX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).