Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
SHORT MSCI EMERGING MARKETS PROSHARES IND VALUE (PACF:EUM.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 EUM.IV
The long term trend has been DOWN since Jan 24th, 2017 at 23.3897
The intermediate term trend has been UP since Dec 6th, 2017 at 18.9183
The short term trend has been DOWN since Dec 11th, 2017 at 18.6719
Smart Scan Analysis for EUM.IV
Based on a pre-defined weighted trend formula for chart analysis, EUM.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.7596||52wk High Date||2016-12-22|
|52wk Low||17.9335||52wk Low Date||2017-11-22|