Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
POWERSHARES DB G10 CURRENCY HARVEST FUND (PACF:DBCFHX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 DBCFHX
The long term trend has been DOWN since Aug 30th, 2018 at 274.85
The intermediate term trend has been UP since Oct 1st, 2018 at 273.44
The short term trend has been UP since Nov 29th, 2018 at 278.46
Smart Scan Analysis for DBCFHX
Based on a pre-defined weighted trend formula for chart analysis, DBCFHX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||281.02||52wk High Date||2018-05-29|
|52wk Low||264.34||52wk Low Date||2018-02-02|