Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
iShares MSCI MEXICO CAPPED IND (PACF:EWW.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 EWW.IV
The long term trend has been DOWN since Oct 9th, 2017 at 53.3366
The intermediate term trend has been DOWN since Feb 6th, 2018 at 51.4278
The short term trend has been UP since Feb 23rd, 2018 at 52.0804
Smart Scan Analysis for EWW.IV
Based on a pre-defined weighted trend formula for chart analysis, EWW.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||57.7863||52wk High Date||2017-08-25|
|52wk Low||46.0232||52wk Low Date||2017-02-28|