Index Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
VS 3X INVEST GOLD (NASDAQ:DGLD.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 DGLD.IV
The long term trend has been DOWN since Apr 7th, 2017 at 48.49
The intermediate term trend has been UP since May 3rd, 2017 at 50.25
The short term trend has been DOWN since May 12th, 2017 at 52.68
Smart Scan Analysis for DGLD.IV
Based on a pre-defined weighted trend formula for chart analysis, DGLD.IV scored -75 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|