Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
CLAYMORE/BNY BRIC ETF INT IND VALUE (PACF:EED)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 EED
The long term trend has been DOWN since Apr 10th, 2018 at 36.9741
The intermediate term trend has been UP since Nov 2nd, 2018 at 34.9812
The short term trend has been DOWN since Nov 20th, 2018 at 34.2135
Smart Scan Analysis for EED
Based on a pre-defined weighted trend formula for chart analysis, EED scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||42.0307||52wk High Date||2018-01-26|
|52wk Low||32.5839||52wk Low Date||2018-10-29|