Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
DAIWA ETF TOPIX 17 COMMERICIAL WHOLESALE (PACF:C647.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 C647.IV
The long term trend has been DOWN since Jul 10th, 2018 at 22474.6543
The intermediate term trend has been UP since Nov 6th, 2018 at 23264.1952
The short term trend has been UP since Nov 22nd, 2018 at 23228.6816
Smart Scan Analysis for C647.IV
Based on a pre-defined weighted trend formula for chart analysis, C647.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24918.07||52wk High Date||2018-06-13|
|52wk Low||21234.37||52wk Low Date||2018-02-06|