Index Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
Rogers - Van Eck Natural Resources Composite Index (EURO) (TR) (GIF:RVECPETG)
Strong Uptrend (+100) - RVECPETG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RVECPETG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RVECPETG?
MarketClub looks at technical strength and momentum to determine if the timing is right for RVECPETG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RVECPETG
The long-term trend has been UP since Nov 9th, 2020 at 4221.35
The intermediate-term trend has been UP since Nov 9th, 2020 at 4193.24
The short-term trend has been UP since Nov 4th, 2020 at 3997.23
Smart Scan Analysis for RVECPETG
Based on our trend formula, RVECPETG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).