Mutual Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
WELLS FARGO FUND ASIA PACIFIC CL C (NASDAQ:WFCAX)
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 WFCAX
The long term trend has been UP since Feb 3rd, 2017 at 11.53
The intermediate term trend has been DOWN since May 29th, 2018 at 14.66
The short term trend has been UP since Jun 1st, 2018 at 14.68
Smart Scan Analysis for WFCAX
Based on a pre-defined weighted trend formula for chart analysis, WFCAX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16||52wk High Date||2018-01-26|
|52wk Low||12.64||52wk Low Date||2017-07-07|
|Year End Close||14.72||Payment Date||2016-12-30|