Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2017.
PROSHARES ULTRA-SHORT AUSTRALIAN DOLLAR (PACF:CROC.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 CROC.IV
The long term trend has been DOWN since Feb 23rd, 2017 at 48.0495
The intermediate term trend has been DOWN since Mar 20th, 2017 at 47.9105
The short term trend has been UP since Mar 22nd, 2017 at 48.3128
Smart Scan Analysis for CROC.IV
Based on a pre-defined weighted trend formula for chart analysis, CROC.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||523.9792||52wk High Date||2016-04-04|
|52wk Low||47.5234||52wk Low Date||2017-03-21|