Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
VS 3X INVEST GOLD (NASDAQ:DGLD.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DGLD.IV
The long term trend has been DOWN since Apr 7th, 2017 at 48.49
The intermediate term trend has been UP since Jun 19th, 2017 at 49.48
The short term trend has been DOWN since Jun 22nd, 2017 at 49.84
Smart Scan Analysis for DGLD.IV
Based on a pre-defined weighted trend formula for chart analysis, DGLD.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||69.42||52wk High Date||2016-12-15|
|52wk Low||39.11||52wk Low Date||2016-07-06|