Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
FRANKLIN FTSE CANADA ETF IOPV (PACF:FLCA.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 FLCA.IV
The long term trend has been DOWN since Oct 10th, 2018 at 24.3777
The intermediate term trend has been DOWN since Oct 9th, 2018 at 24.6381
The short term trend has been DOWN since Nov 9th, 2018 at 23.4466
Smart Scan Analysis for FLCA.IV
Based on a pre-defined weighted trend formula for chart analysis, FLCA.IV scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.4858||52wk High Date||2018-01-05|
|52wk Low||22.5727||52wk Low Date||2018-10-29|