Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
iShares MSCI SOUTH AFRICA INDEX IND VALUE (PACF:EZA.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 EZA.IV
The long term trend has been UP since Feb 15th, 2017 at 56.3881
The intermediate term trend has been UP since Dec 18th, 2017 at 65.1036
The short term trend has been DOWN since Jan 4th, 2018 at 69.0741
Smart Scan Analysis for EZA.IV
Based on a pre-defined weighted trend formula for chart analysis, EZA.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||70.5239||52wk High Date||2017-12-29|
|52wk Low||53.6891||52wk Low Date||2017-02-08|