Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
NEXT NOTES NIK TOCOM LVGD CRUDE OIL IOPV (PACF:C038.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 C038.IV
The long term trend has been UP since Apr 18th, 2018 at 1585.3483
The intermediate term trend has been DOWN since Jun 17th, 2018 at 1761.4580
The short term trend has been DOWN since Jun 17th, 2018 at 1895.7356
Smart Scan Analysis for C038.IV
Based on a pre-defined weighted trend formula for chart analysis, C038.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2086.897||52wk High Date||2018-05-22|
|52wk Low||736.6689||52wk Low Date||2017-06-22|