Index Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
PROSHARES SHORT TERM USD EMERGING MARKETS (PACF:EMSH.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 EMSH.IV
The long term trend has been UP since Aug 1st, 2017 at 78.1965
The intermediate term trend has been DOWN since Oct 3rd, 2017 at 77.8777
The short term trend has been UP since Oct 12th, 2017 at 77.8003
Smart Scan Analysis for EMSH.IV
Based on a pre-defined weighted trend formula for chart analysis, EMSH.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||78.2372||52wk High Date||2017-08-01|
|52wk Low||0.1373||52wk Low Date||2016-12-14|