Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NEXT FUNDS NORMURA ENT VALUE ALLOCATION ETF IOP (PACF:C480.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 C480.IV
The long term trend has been DOWN since Oct 18th, 2018 at 15767.0713
The intermediate term trend has been DOWN since Oct 10th, 2018 at 16268.6680
The short term trend has been UP since Nov 25th, 2018 at 15312.7328
Smart Scan Analysis for C480.IV
Based on a pre-defined weighted trend formula for chart analysis, C480.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17923.58||52wk High Date||2018-01-23|
|52wk Low||14766.41||52wk Low Date||2018-10-26|