Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
FRANKLIN FTSE CANADA ETF IOPV (PACF:FLCA.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 FLCA.IV
The long term trend has been DOWN since Feb 5th, 2018 at 24.6182
The intermediate term trend has been UP since Jul 9th, 2018 at 24.8647
The short term trend has been DOWN since Jul 18th, 2018 at 24.9019
Smart Scan Analysis for FLCA.IV
Based on a pre-defined weighted trend formula for chart analysis, FLCA.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-179320.7296||52wk High Date||2017-11-06|
|52wk Low||23.2636||52wk Low Date||2018-04-04|