Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
FIRST TRUST DORSEY WR INTL FOCUS 5 NAV (NASDAQ:IFV.IV)
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 IFV.IV
The long term trend has been UP since Jan 20th, 2017 at 18.18
The intermediate term trend has been UP since Nov 21st, 2017 at 21.95
The short term trend has been UP since Dec 11th, 2017 at 21.73
Smart Scan Analysis for IFV.IV
Based on a pre-defined weighted trend formula for chart analysis, IFV.IV scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.27||52wk High Date||2017-11-24|
|52wk Low||16.53||52wk Low Date||2016-12-21|