Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
FIRST TRUST SOUTH KOREA ALPHADEX FUND (PACF:FKO.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FKO.IV
The long term trend has been DOWN since Apr 25th, 2018 at 28.4627
The intermediate term trend has been UP since Aug 27th, 2018 at 25.3293
The short term trend has been UP since Sep 12th, 2018 at 25.0299
Smart Scan Analysis for FKO.IV
Based on a pre-defined weighted trend formula for chart analysis, FKO.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.6532||52wk High Date||2018-01-29|
|52wk Low||24.3259||52wk Low Date||2018-08-13|