Index Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
SHORT MSCI EMERGING MARKETS PROSHARES IND VALUE (PACF:EUM.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 DOWN since Jan 24th, 2017 at 23.3897
The intermediate term trend has been DOWN since Apr 24th, 2017 at 21.7999
The short term trend has been DOWN since May 24th, 2017 at 21.0039
Smart Scan Analysis for EUM.IV
Based on a pre-defined weighted trend formula for chart analysis, EUM.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.3903||52wk High Date||2016-06-27|
|52wk Low||20.8314||52wk Low Date||2017-05-16|