Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NEXT NOTES NIK TOCOM INVERSE GOLD IOPV (PACF:C037.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 C037.IV
The long term trend has been UP since Feb 28th, 2018 at 8549.9680
The intermediate term trend has been DOWN since Sep 13th, 2018 at 8818.2705
The short term trend has been DOWN since Sep 19th, 2018 at 8814.2783
Smart Scan Analysis for C037.IV
Based on a pre-defined weighted trend formula for chart analysis, C037.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9279.096||52wk High Date||2018-08-16|
|52wk Low||8064.168||52wk Low Date||2018-01-05|