Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
FRANKLIN FTSE TAIWAN ETF IOPV (PACF:FLTW.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 FLTW.IV
The long term trend has been DOWN since Apr 25th, 2018 at 24.9742
The intermediate term trend has been UP since May 14th, 2018 at 25.6949
The short term trend has been DOWN since Jun 8th, 2018 at 25.9566
Smart Scan Analysis for FLTW.IV
Based on a pre-defined weighted trend formula for chart analysis, FLTW.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||256683||52wk High Date||2017-11-06|
|52wk Low||24.412||52wk Low Date||2017-12-07|