Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
FRANKLIN FTSE ASIA EX JAPAN ETF IOPV (PACF:FLAX.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 FLAX.IV
The long term trend has been DOWN since Jun 19th, 2018 at 23.0905
The intermediate term trend has been DOWN since Aug 13th, 2018 at 22.0104
The short term trend has been UP since Sep 13th, 2018 at 21.3076
Smart Scan Analysis for FLAX.IV
Based on a pre-defined weighted trend formula for chart analysis, FLAX.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-183584.7296||52wk High Date||2018-07-02|
|52wk Low||21.0531||52wk Low Date||2018-09-11|