Mutual Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
MFS EMERGING MARKETS DEBT LOCAL CURRENCY CLASS R4 (NASDAQ:EMLMX)
Countertrend Down (-85) - EMLMX 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 EMLMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMLMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMLMX
The long-term trend has been DOWN since Feb 28th, 2020 at 6.83
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 7.10
The short-term trend has been UP since Mar 25th, 2020 at 5.52
Smart Scan Analysis for EMLMX
Based on our trend formula, EMLMX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.13||52wk High Date||2020-01-02|
|52wk Low||5.4||52wk Low Date||2020-03-23|
|Year End Close||7.12|