Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
iShares MSCI SOUTH AFRICA INDEX IND VALUE (PACF:EZA.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 EZA.IV
The long term trend has been DOWN since Apr 4th, 2018 at 65.7488
The intermediate term trend has been UP since Jul 9th, 2018 at 59.2965
The short term trend has been DOWN since Jul 16th, 2018 at 58.4043
Smart Scan Analysis for EZA.IV
Based on a pre-defined weighted trend formula for chart analysis, EZA.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.9554||52wk High Date||2018-01-25|
|52wk Low||53.8196||52wk Low Date||2018-06-27|