Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
SHORT MSCI EMERGING MARKETS PROSHARES IND VALUE (PACF:EUM.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UP since Mar 23rd, 2018 at 17.7813
The short term trend has been UP since Mar 22nd, 2018 at 17.3102
Smart Scan Analysis for EUM.IV
Based on a pre-defined weighted trend formula for chart analysis, EUM.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.4596||52wk High Date||2017-04-19|
|52wk Low||16.226||52wk Low Date||2018-01-26|