Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
POWERSHARES FTSE EMERGING MARKETS HIGH D (PACF:EMHDUS.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Nov 30th, 2017 at 314755
The short term trend has been UP since Dec 11th, 2017 at 312219
Smart Scan Analysis for EMHDUS.IV
Based on a pre-defined weighted trend formula for chart analysis, EMHDUS.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||607265||52wk High Date||2017-11-20|
|52wk Low||257671||52wk Low Date||2017-03-17|