Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
NEXT NOTES NIK TOCOM LVGD GOLD IOPV (PACF:C036.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.
MarketClub’s Trade Triangles for C036.IV
The long term trend has been UP since Aug 28th, 2017 at 9855.2760
The intermediate term trend has been DOWN since Sep 27th, 2017 at 10268.7197
The short term trend has been DOWN since Nov 20th, 2017 at 10178.6162
Smart Scan Analysis for C036.IV
Based on a pre-defined weighted trend formula for chart analysis, C036.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10567.56||52wk High Date||2017-09-15|
|52wk Low||9344.874||52wk Low Date||2017-03-15|