Mutual Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
MFS EMERGING MARKETS DEBT LOCAL CURRENCY CLASS R2 (NASDAQ:EMLKX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 EMLKX
The long term trend has been UP since Jun 11th, 2019 at 6.71
The intermediate term trend has been UP since Oct 11th, 2019 at 6.87
The short term trend has been UP since Oct 10th, 2019 at 6.84
Smart Scan Analysis for EMLKX
Based on a pre-defined weighted trend formula for chart analysis, EMLKX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.04000000||52wk High Date||2019-07-22|
|52wk Low||6.20000000||52wk Low Date||2018-10-31|
|Year End Close||6.42000000||Yield||0.00000000|