Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
iShares MSCI Brazil Capped ETF (GIF:EWZ)
Long-Term Uptrend (+90) - EWZ is in a strong uptrend that is likely to continue. While EWZ 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 EWZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWZ
The long-term trend has been UP since Nov 24th, 2020 at 33.282
The intermediate-term trend has been UP since Nov 6th, 2020 at 30.002
The short-term trend has been UP since Nov 24th, 2020 at 32.949
Smart Scan Analysis for EWZ
Based on our trend formula, EWZ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).