Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

E FUND YUANTA HANG SENG INDEX DAILY (2X) (PACF:7242.IV)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

PACF_7242.IV
Open High Low 7242.IV Price Change
60639 60510 60510 60510 -110
Entry Signal

MarketClub’s Trade Triangles for 7242.IV

long term down The long term trend has been DOWN since Jun 21st, 2018 at 69587

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2018 at 63388

short term down The short term trend has been DOWN since Aug 12th, 2018 at 64958

Smart Scan Analysis for 7242.IV

Based on a pre-defined weighted trend formula for chart analysis, 7242.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for 7242.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60639 60510 60510 60510 -110
Prev. Close Volume Bid Ask Time
60620 0 2018-08-17 09:15:02
52wk High9087252wk High Date2018-01-29
52wk Low5899752wk Low Date2018-08-16
Want to analyze E FUND YUANTA HANG SENG INDEX DAILY (2X) 7242.IV or another symbol? Try our Free Index Trend Analysis Report.