Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
SPDR S&P INTL DIVIDEND ETF IND VALUE (PACF:DWX.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 DWX.IV
The long term trend has been DOWN since Mar 22nd, 2018 at 39.6611
The intermediate term trend has been DOWN since Aug 10th, 2018 at 38.6412
The short term trend has been UP since Sep 12th, 2018 at 37.9148
Smart Scan Analysis for DWX.IV
Based on a pre-defined weighted trend formula for chart analysis, DWX.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.0366||52wk High Date||2018-01-25|
|52wk Low||37.6566||52wk Low Date||2018-09-11|