Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

IPATH EUR/USD EXCHANGE RATE ETNS IND VALUE (PACF:ERO.IV)

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.

PACF_ERO.IV
Open High Low ERO.IV Price Change
43.6917 43.8163 43.5776 43.5971 -0.0752
Entry Signal

MarketClub’s Trade Triangles for ERO.IV

long term down The long term trend has been DOWN since Nov 7th, 2017 at 42.9569

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2017 at 43.4669

short term up The short term trend has been UP since Dec 13th, 2017 at 43.8224

Smart Scan Analysis for ERO.IV

Based on a pre-defined weighted trend formula for chart analysis, ERO.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ERO.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.6917 43.8163 43.5776 43.5971 -0.0752
Prev. Close Volume Bid Ask Time
43.5893 0 2017-12-15 15:58:58
52wk High45.027552wk High Date2017-09-08
52wk Low38.263752wk Low Date2017-01-03
Want to analyze IPATH EUR/USD EXCHANGE RATE ETNS IND VALUE ERO.IV or another symbol? Try our Free Index Trend Analysis Report.