Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
DAIWA ETF JPX-NIK 400 LIVING 2X IOPV (PACF:C464.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 C464.IV
The long term trend has been DOWN since Oct 22nd, 2018 at 10379.6104
The intermediate term trend has been DOWN since Oct 10th, 2018 at 11091.9590
The short term trend has been DOWN since Oct 21st, 2018 at 10624.8352
Smart Scan Analysis for C464.IV
Based on a pre-defined weighted trend formula for chart analysis, C464.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13634.63||52wk High Date||2018-01-23|
|52wk Low||9929.185||52wk Low Date||2018-03-26|