Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
PROSHARES SHORT (EURO) (PACF:EUFX.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 EUFX.IV
The long term trend has been UP since May 1st, 2018 at 40.0604
The intermediate term trend has been UP since Oct 1st, 2018 at 42.2272
The short term trend has been DOWN since Nov 15th, 2018 at 43.2754
Smart Scan Analysis for EUFX.IV
Based on a pre-defined weighted trend formula for chart analysis, EUFX.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.7628||52wk High Date||2018-11-12|
|52wk Low||38.3503||52wk Low Date||2018-01-25|