Index Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
iShares MSCI MEXICO CAPPED IND (PACF:EWW.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 EWW.IV
The long term trend has been UP since Aug 7th, 2018 at 52.5687
The intermediate term trend has been DOWN since Aug 10th, 2018 at 49.9175
The short term trend has been DOWN since Sep 21st, 2018 at 50.8535
Smart Scan Analysis for EWW.IV
Based on a pre-defined weighted trend formula for chart analysis, EWW.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||55.8797||52wk High Date||2017-09-25|
|52wk Low||43.6395||52wk Low Date||2018-06-07|