Index Trend Analysis Report
Prepared for you on Saturday, February 24, 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 UP since Nov 1st, 2017 at 28.2166
The intermediate term trend has been DOWN since Feb 5th, 2018 at 30.3731
The short term trend has been UP since Feb 23rd, 2018 at 29.8230
Smart Scan Analysis for FKO.IV
Based on a pre-defined weighted trend formula for chart analysis, FKO.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.6532||52wk High Date||2018-01-29|
|52wk Low||23.6452||52wk Low Date||2017-03-03|