Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
POWERSHARES CHINESE YUAN DIM SUM BOND IV (PACF:DSUM.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 DSUM.IV
The long term trend has been UP since May 26th, 2017 at 22.3022
The intermediate term trend has been UP since Dec 20th, 2017 at 23.2446
The short term trend has been DOWN since Feb 21st, 2018 at 24.2027
Smart Scan Analysis for DSUM.IV
Based on a pre-defined weighted trend formula for chart analysis, DSUM.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24.4196||52wk High Date||2018-02-15|
|52wk Low||21.984||52wk Low Date||2017-03-08|