Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
DIAM JPX NIK 400 IOPV (PACF:C474.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 C474.IV
The long term trend has been DOWN since Feb 5th, 2018 at 15560.2695
The intermediate term trend has been DOWN since May 28th, 2018 at 15771.0430
The short term trend has been DOWN since Jun 14th, 2018 at 15971.6602
Smart Scan Analysis for C474.IV
Based on a pre-defined weighted trend formula for chart analysis, C474.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16981.97||52wk High Date||2018-01-23|
|52wk Low||14020.79||52wk Low Date||2017-09-06|