Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
CREDIT SUISSE AXELATRADER 3X INVERSE BRENT CRUDE OIL IOPV (PACF:DBRT.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DBRT.IV
The long term trend has been DOWN since Sep 20th, 2017 at 980968.0000
The intermediate term trend has been UP since Jul 16th, 2018 at 29.3673
The short term trend has been UP since Jul 11th, 2018 at 25.9357
Smart Scan Analysis for DBRT.IV
Based on a pre-defined weighted trend formula for chart analysis, DBRT.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||103.1368||52wk High Date||2017-09-18|
|52wk Low||23.0641||52wk Low Date||2018-07-10|