Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
DAIWA ETF JAPAN TOPIX 2X INVERSE ETF IOPV (PACF:C368.IV)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 C368.IV
The long term trend has been UP since Feb 8th, 2018 at 3812.9751
The intermediate term trend has been UP since Aug 9th, 2018 at 3567.3396
The short term trend has been UP since Aug 9th, 2018 at 3548.0972
Smart Scan Analysis for C368.IV
Based on a pre-defined weighted trend formula for chart analysis, C368.IV scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4739.725||52wk High Date||2017-09-06|
|52wk Low||3113.375||52wk Low Date||2018-01-23|