Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
DAIWA ETF JAPAN NIL 225 2X INVERSE ETF IOPV (PACF:C366.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 C366.IV
The long term trend has been DOWN since May 13th, 2018 at 3128.8442
The intermediate term trend has been UP since Aug 10th, 2018 at 3190.5269
The short term trend has been UP since Aug 20th, 2018 at 3234.8720
Smart Scan Analysis for C366.IV
Based on a pre-defined weighted trend formula for chart analysis, C366.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4851.17||52wk High Date||2017-09-08|
|52wk Low||2956.589||52wk Low Date||2018-01-23|