Mutual Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
MORGAN STANLEY EUROPEAN EQUITY FUND CL I (NASDAQ:EUGDX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 EUGDX
The long term trend has been UP since Oct 28th, 2019 at 20.17
The intermediate term trend has been UP since Oct 15th, 2019 at 19.73
The short term trend has been UP since Jan 9th, 2020 at 20.73
Smart Scan Analysis for EUGDX
Based on a pre-defined weighted trend formula for chart analysis, EUGDX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.26||52wk High Date||2019-12-16|
|52wk Low||17.26||52wk Low Date||2019-01-24|
|Year End Close||20.77||Payment Date||2019-12-23|