Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
NEXT FUNDS JPX NIK 400 INVERSE IOPV (PACF:C471.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 C471.IV
The long term trend has been DOWN since Sep 18th, 2018 at 4622.5552
The intermediate term trend has been UP since Oct 10th, 2018 at 4778.8706
The short term trend has been DOWN since Oct 16th, 2018 at 4798.4560
Smart Scan Analysis for C471.IV
Based on a pre-defined weighted trend formula for chart analysis, C471.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5143.706||52wk High Date||2018-03-26|
|52wk Low||4434.204||52wk Low Date||2018-10-02|