Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
TOPIX BEAR 1X ETF IOPV (PACF:C569.IV)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 C569.IV
The long term trend has been UP since Oct 23rd, 2018 at 3244.2153
The intermediate term trend has been UP since Oct 10th, 2018 at 3127.6118
The short term trend has been DOWN since Nov 25th, 2018 at 3246.0674
Smart Scan Analysis for C569.IV
Based on a pre-defined weighted trend formula for chart analysis, C569.IV scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3362.952||52wk High Date||2018-03-26|
|52wk Low||2901.739||52wk Low Date||2018-10-02|