Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
FIRST TRUST UNITED KINGDOM ALP (PACF:FKU.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FKU.IV
The long term trend has been UP since Mar 16th, 2017 at 34.3358
The intermediate term trend has been DOWN since Nov 9th, 2017 at 38.3858
The short term trend has been DOWN since Nov 2nd, 2017 at 38.7074
Smart Scan Analysis for FKU.IV
Based on a pre-defined weighted trend formula for chart analysis, FKU.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||39.3604||52wk High Date||2017-10-13|
|52wk Low||31.2467||52wk Low Date||2016-11-21|