Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
POWERSHARES DB G10 CURRENCY HARVEST IIV (PACF:FBV)
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 FBV
The long term trend has been UP since Apr 12th, 2018 at 23.99
The intermediate term trend has been UP since Feb 20th, 2018 at 23.43
The short term trend has been DOWN since Jun 20th, 2018 at 24.41
Smart Scan Analysis for FBV
Based on a pre-defined weighted trend formula for chart analysis, FBV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24.83||52wk High Date||2017-06-26|
|52wk Low||23.1||52wk Low Date||2018-02-02|