Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
SHORT MSCI EMERGING MARKETS PROSHARES IND VALUE (PACF:EUM.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 positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for EUM.IV
The long term trend has been UP since Jun 15th, 2018 at 18.4631
The intermediate term trend has been UP since Aug 13th, 2018 at 19.1704
The short term trend has been DOWN since Aug 21st, 2018 at 19.4344
Smart Scan Analysis for EUM.IV
Based on a pre-defined weighted trend formula for chart analysis, EUM.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.0309||52wk High Date||2018-08-15|
|52wk Low||16.226||52wk Low Date||2018-01-26|