Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
PROSHARES ULTRA-SHORT AUSTRALIAN DOLLAR (PACF:CROC.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CROC.IV
The long term trend has been UP since Nov 7th, 2017 at 48.0727
The intermediate term trend has been DOWN since Dec 13th, 2017 at 47.8876
The short term trend has been DOWN since Dec 12th, 2017 at 49.0620
Smart Scan Analysis for CROC.IV
Based on a pre-defined weighted trend formula for chart analysis, CROC.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||56.2587||52wk High Date||2016-12-23|
|52wk Low||42.9208||52wk Low Date||2017-09-08|