Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
SHORT MSCI EMERGING MARKETS PROSHARES IND VALUE (PACF:EUM.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 EUM.IV
The long term trend has been DOWN since Jan 24th, 2017 at 23.3897
The intermediate term trend has been DOWN since Oct 5th, 2017 at 18.7309
The short term trend has been UP since Oct 19th, 2017 at 18.5810
Smart Scan Analysis for EUM.IV
Based on a pre-defined weighted trend formula for chart analysis, EUM.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.0821||52wk High Date||2016-11-14|
|52wk Low||18.3758||52wk Low Date||2017-10-16|