Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
FIRST TRUST DORSEY WR INTL FOCUS 5 NAV (NASDAQ:IFV.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 IFV.IV
The long term trend has been UP since Jan 20th, 2017 at 18.18
The intermediate term trend has been UP since Sep 1st, 2017 at 21.02
The short term trend has been DOWN since Oct 17th, 2017 at 21.71
Smart Scan Analysis for IFV.IV
Based on a pre-defined weighted trend formula for chart analysis, IFV.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.87||52wk High Date||2017-10-13|
|52wk Low||16.44||52wk Low Date||2016-12-01|