Index Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Thomson Reuters/S-Network Emerging Markets ESG Best Practices Index (USD) (GIF:TRESGEX)
Long-Term Uptrend (+90) - TRESGEX is in a strong uptrend that is likely to continue. While TRESGEX 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 TRESGEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRESGEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRESGEX
The long-term trend has been UP since Jul 5th, 2020 at 885.22
The intermediate-term trend has been UP since Oct 1st, 2020 at 935.17
The short-term trend has been UP since Nov 22nd, 2020 at 1031.28
Smart Scan Analysis for TRESGEX
Based on our trend formula, TRESGEX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).