Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
MSCI EMER MKT EMEA NTR INDEX SEPTEMBER 2019 (ICE:@MMM.U19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @MMM.U19
The long term trend has been DOWN since Aug 14th, 2019 at 307.55
The intermediate term trend has been DOWN since Jul 31st, 2019 at 335.30
The short term trend has been DOWN since Aug 26th, 2019 at 307.90
Smart Scan Analysis for @MMM.U19
Based on a pre-defined weighted trend formula for chart analysis, @MMM.U19 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||320.8||52wk High Date||2019-09-06|
|52wk Low||303.3||52wk Low Date||2019-08-27|