Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
TOPIX BEAR 1X ETF IOPV (PACF:C569.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 C569.IV
The long term trend has been UP since Feb 8th, 2018 at 3225.8855
The intermediate term trend has been UP since Jan 29th, 2018 at 2980.9600
The short term trend has been DOWN since Mar 22nd, 2018 at 3207.0356
Smart Scan Analysis for C569.IV
Based on a pre-defined weighted trend formula for chart analysis, C569.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3951.284||52wk High Date||2017-04-17|
|52wk Low||2917.873||52wk Low Date||2018-01-23|