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Index Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

PACF_7242.IV
Open High Low 7242.IV Price Change
71430 71238 70232 70668 -4093
Entry Signal

MarketClub’s Trade Triangles for 7242.IV

long term up The long term trend has been UP since Oct 3rd, 2017 at 65973

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 72626

short term down The short term trend has been DOWN since Jun 8th, 2018 at 78684

Smart Scan Analysis for 7242.IV

Based on a pre-defined weighted trend formula for chart analysis, 7242.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for 7242.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71430 71238 70232 70668 -4093
Prev. Close Volume Bid Ask Time
74761 0 2018-06-19 21:43:52
52wk High9087252wk High Date2018-01-29
52wk Low6164552wk Low Date2017-11-09
Want to analyze E FUND YUANTA HANG SENG INDEX DAILY (2X) 7242.IV or another symbol? Try our Free Index Trend Analysis Report.