Mutual Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
INVESCO GOLD & PRECIOUS METALS FUND CL A SHARES (NASDAQ:IGDAX)
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 IGDAX
The long term trend has been UP since Aug 29th, 2017 at 4.41
The intermediate term trend has been UP since Jul 26th, 2017 at 4.26
The short term trend has been UP since Aug 21st, 2017 at 4.20
Smart Scan Analysis for IGDAX
Based on a pre-defined weighted trend formula for chart analysis, IGDAX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5.13||52wk High Date||2016-11-01|
|52wk Low||3.69||52wk Low Date||2016-12-22|
|Year End Close||4.04|