Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
ULTRA-SHORT MSCI JAPAN PROSHARES IND VALUE (PACF:EWV.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 EWV.IV
The long term trend has been DOWN since Dec 13th, 2016 at 38.6368
The intermediate term trend has been UP since Jun 19th, 2018 at 26.1242
The short term trend has been UP since Jun 12th, 2018 at 25.2617
Smart Scan Analysis for EWV.IV
Based on a pre-defined weighted trend formula for chart analysis, EWV.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||34.6483||52wk High Date||2017-07-10|
|52wk Low||22.6765||52wk Low Date||2018-01-26|