Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
SPDR MSCI EUROPE SM-CAP UCITS ETF (GB) (NASDAQ:INSMCP.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 INSMCP.IV
The long term trend has been UP since Jan 6th, 2017 at 169.34
The intermediate term trend has been DOWN since Jan 30th, 2018 at 206.80
The short term trend has been UP since Feb 14th, 2018 at 199.18
Smart Scan Analysis for INSMCP.IV
Based on a pre-defined weighted trend formula for chart analysis, INSMCP.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||217.7||52wk High Date||2017-09-01|
|52wk Low||169.79||52wk Low Date||2017-02-24|