Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
XTRACKERS MSCI GERMANY IOVP (PACF:DBGR.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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 DBGR.IV
The long term trend has been UP since May 9th, 2018 at 28.5892
The intermediate term trend has been DOWN since Aug 13th, 2018 at 27.1421
The short term trend has been UP since Aug 20th, 2018 at 26.8345
Smart Scan Analysis for DBGR.IV
Based on a pre-defined weighted trend formula for chart analysis, DBGR.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||29.7853||52wk High Date||2018-01-23|
|52wk Low||25.9175||52wk Low Date||2018-03-26|