Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
FIRST TRUST SOUTH KOREA ALPHADEX FUND (PACF:FKO.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 FKO.IV
The long term trend has been DOWN since Sep 25th, 2017 at 26.5353
The intermediate term trend has been UP since Oct 12th, 2017 at 27.5834
The short term trend has been DOWN since Oct 18th, 2017 at 27.7148
Smart Scan Analysis for FKO.IV
Based on a pre-defined weighted trend formula for chart analysis, FKO.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.234||52wk High Date||2017-07-24|
|52wk Low||21.7307||52wk Low Date||2016-11-21|