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Mutual Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

ASHMORE EMERGING MARKETS CORPORATE INCOME FUND - RETAIL CLASS A (NASDAQ:ECDAX)

Countertrend Down (-85) - ECDAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ECDAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECDAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ECDAX
Open High Low ECDAX Price Change
7.47 7.47 7.47 7.44 -0.03
Entry Signal

MarketClub’s Trade Triangles for ECDAX

long term down The long-term trend has been DOWN since Jul 29th, 2021 at 7.94

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2021 at 8.04

short term up The short-term trend has been UP since Nov 12th, 2021 at 7.48

Smart Scan Analysis for ECDAX

Based on our trend formula, ECDAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ECDAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.47 7.47 7.47 7.44 -0.03
Prev. Close Volume Bid Ask Time
7.47 0 7.44 7.75 2021-11-24 20:00:00
52wk High8.152wk High Date2021-02-18
52wk Low7.4452wk Low Date2021-11-24
Year End Close8.08Payment Date2018-12-20
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