Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
VALUE CHINA ETF IOPV (PACF:3046.IV)
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 3046.IV
The long term trend has been DOWN since Dec 5th, 2017 at 432013
The intermediate term trend has been DOWN since Dec 3rd, 2017 at 444167
The short term trend has been UP since Dec 10th, 2017 at 426169
Smart Scan Analysis for 3046.IV
Based on a pre-defined weighted trend formula for chart analysis, 3046.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||464203||52wk High Date||2017-11-22|
|52wk Low||413265||52wk Low Date||2017-11-07|