Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
SHORT MSCI EMERGING MARKETS PROSHARES IND VALUE (PACF:EUM.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Oct 5th, 2018 at 20.2611
The short term trend has been UP since Oct 18th, 2018 at 20.6182
Smart Scan Analysis for EUM.IV
Based on a pre-defined weighted trend formula for chart analysis, EUM.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.1498||52wk High Date||2018-10-11|
|52wk Low||16.226||52wk Low Date||2018-01-26|