Mutual Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
THE GOLD BULLION STRATEGY FUND (NASDAQ:QGLDX)
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 QGLDX
The long term trend has been DOWN since Dec 5th, 2017 at 23.40
The intermediate term trend has been DOWN since Nov 9th, 2018 at 20.59
The short term trend has been DOWN since Nov 26th, 2018 at 20.69
Smart Scan Analysis for QGLDX
Based on a pre-defined weighted trend formula for chart analysis, QGLDX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||23.55||52wk High Date||2017-12-01|
|52wk Low||19.98||52wk Low Date||2018-08-16|
|Year End Close||22.62||Payment Date||2016-12-30|