Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
DB CRUDE OIL DOUBLE SHORT IOPVTOUT (PACF:DTO.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 DTO.IV
The long term trend has been DOWN since Sep 14th, 2017 at 124.98
The intermediate term trend has been DOWN since Jun 22nd, 2018 at 63.48
The short term trend has been UP since Jul 11th, 2018 at 54.66
Smart Scan Analysis for DTO.IV
Based on a pre-defined weighted trend formula for chart analysis, DTO.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||154.83||52wk High Date||2017-07-21|
|52wk Low||50.47||52wk Low Date||2018-07-03|