iShares MSCI Brazil Index Fund (EWZ) Momentum Alert: 3.1% Move in 18 Days
Sun. July 12, 2009; Posted: 06:21 PM
Jul 12, 2009 (SmarTrend(R) Spotlight via COMTEX) --
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PowerRating -- SmarTrend's proprietary algorithms detected bearish price action on shares of iShares MSCI Brazil Index Fund (NYSE:EWZ) which generated a Downtrend alert on June 22, 2009 at $50.95. Since the alert, EWZ has trended 3.1% lower as of today's recent price of $49.35. SmarTrend is actively monitoring iShares MSCI Brazil Index Fund for any change in trend direction.
Write to Chip Brian at cbrian@tradethetrend.com
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For full details on iShares MSCI Brazil Index Fund ETF (EWZ)
click here. iShares MSCI Brazil Index Fund ETF (EWZ) has Short Term PowerRatings of 5. Details on iShares MSCI Brazil Index Fund ETF (EWZ) Short Term PowerRatings is available at
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