Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
FRANKLIN FTSE HONG KONG IOPV (PACF:FLHK.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 FLHK.IV
The long term trend has been DOWN since Jun 21st, 2018 at 25.9112
The intermediate term trend has been DOWN since Aug 2nd, 2018 at 25.1257
The short term trend has been UP since Oct 18th, 2018 at 22.7885
Smart Scan Analysis for FLHK.IV
Based on a pre-defined weighted trend formula for chart analysis, FLHK.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-175333.7296||52wk High Date||2017-11-13|
|52wk Low||22.6378||52wk Low Date||2018-10-16|