Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Thomson Reuters/S-Network Europe Governance Best Practices Total Return Index (EUR) (GIF:TRCGVEUET)
Sidelines Mode (-55) - TRCGVEUET is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TRCGVEUET?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRCGVEUET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRCGVEUET
The long-term trend has been UP since Jul 21st, 2020 at 1652.43
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 1588.25
The short-term trend has been UP since Aug 5th, 2020 at 1604.22
Smart Scan Analysis for TRCGVEUET
Based on our trend formula, TRCGVEUET is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).