Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
CLAYMORE/BNY BRIC ETF INT IND VALUE (PACF:EED)
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 EED
The long term trend has been DOWN since Apr 10th, 2018 at 36.9741
The intermediate term trend has been DOWN since Aug 9th, 2018 at 36.3729
The short term trend has been UP since Sep 13th, 2018 at 34.4254
Smart Scan Analysis for EED
Based on a pre-defined weighted trend formula for chart analysis, EED scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||42.0307||52wk High Date||2018-01-26|
|52wk Low||33.4646||52wk Low Date||2018-09-11|