Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
EMERGING MARKETS BEAR 3X SHARES [NAV] (PACF:EDZ.NV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 EDZ.NV
The long term trend has been UP since Jun 18th, 2018 at 46.0747
The intermediate term trend has been UP since Aug 13th, 2018 at 49.7822
The short term trend has been DOWN since Sep 14th, 2018 at 56.9029
Smart Scan Analysis for EDZ.NV
Based on a pre-defined weighted trend formula for chart analysis, EDZ.NV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||58.1466||52wk High Date||2018-09-11|
|52wk Low||8.159||52wk Low Date||2018-03-29|