Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
iShares MSCI SWITZERLAND CAPPED (PACF:EWL.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 EWL.IV
The long term trend has been UP since Jan 25th, 2017 at 30.6690
The intermediate term trend has been DOWN since Oct 23rd, 2017 at 34.7143
The short term trend has been DOWN since Oct 16th, 2017 at 35.2095
Smart Scan Analysis for EWL.IV
Based on a pre-defined weighted trend formula for chart analysis, EWL.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||35.4371||52wk High Date||2017-10-13|
|52wk Low||27.8717||52wk Low Date||2016-11-23|