Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
CHINAAMC DIREXION HANG SENG - 1X IOPV (PACF:7321.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 7321.IV
The long term trend has been UP since Jun 25th, 2018 at 61131
The intermediate term trend has been DOWN since Nov 7th, 2018 at 64525
The short term trend has been DOWN since Nov 13th, 2018 at 66247
Smart Scan Analysis for 7321.IV
Based on a pre-defined weighted trend formula for chart analysis, 7321.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||69867||52wk High Date||2018-10-26|
|52wk Low||54358||52wk Low Date||2018-01-29|