Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
TOPIX BEAR 1X ETF IOPV (PACF:C569.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 C569.IV
The long term trend has been DOWN since Mar 14th, 2017 at 999999.999999
The intermediate term trend has been DOWN since Sep 11th, 2017 at 3493.384000
The short term trend has been DOWN since Jan 15th, 2018 at 2950.097200
Smart Scan Analysis for C569.IV
Based on a pre-defined weighted trend formula for chart analysis, C569.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3951.284||52wk High Date||2017-04-17|
|52wk Low||2943.657||52wk Low Date||2018-01-09|