Index Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
PROSHARES ULTRA-SHORT AUSTRALIAN DOLLAR (PACF:CROC.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 CROC.IV
The long term trend has been UP since May 3rd, 2017 at 51.3745
The intermediate term trend has been DOWN since Jun 6th, 2017 at 50.2576
The short term trend has been DOWN since Jun 26th, 2017 at 49.2515
Smart Scan Analysis for CROC.IV
Based on a pre-defined weighted trend formula for chart analysis, CROC.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||56.2587||52wk High Date||2016-12-23|
|52wk Low||47.5234||52wk Low Date||2017-03-21|