Index Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
ULTRA-SHORT MSCI JAPAN PROSHARES IND VALUE (PACF:EWV.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 EWV.IV
The long term trend has been DOWN since Dec 13th, 2016 at 38.6368
The intermediate term trend has been DOWN since Feb 26th, 2018 at 24.4293
The short term trend has been UP since Mar 19th, 2018 at 25.3994
Smart Scan Analysis for EWV.IV
Based on a pre-defined weighted trend formula for chart analysis, EWV.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.4237||52wk High Date||2017-04-13|
|52wk Low||22.6765||52wk Low Date||2018-01-26|