Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
GLOBAL X CHINA MATERIALS IND VALUE (PACF:CHIM.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 CHIM.IV
The long term trend has been DOWN since Apr 4th, 2018 at 20.8591
The intermediate term trend has been DOWN since May 30th, 2018 at 20.8783
The short term trend has been DOWN since Jun 13th, 2018 at 21.5274
Smart Scan Analysis for CHIM.IV
Based on a pre-defined weighted trend formula for chart analysis, CHIM.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||23.9938||52wk High Date||2018-02-02|
|52wk Low||16.5374||52wk Low Date||2017-06-27|