Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
POWERSHARES FTSE EMERGING MARKETS HIGH D (PACF:EMHDUS.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 EMHDUS.IV
The long term trend has been DOWN since Dec 6th, 2017 at 313447
The intermediate term trend has been DOWN since Mar 28th, 2018 at 332153
The short term trend has been UP since Jul 5th, 2018 at 300582
Smart Scan Analysis for EMHDUS.IV
Based on a pre-defined weighted trend formula for chart analysis, EMHDUS.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||607265||52wk High Date||2017-11-20|
|52wk Low||294656||52wk Low Date||2018-06-28|