Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
FIRST TRUST GLOBAL TACTICAL CO (PACF:FTGC.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 FTGC.IV
The long term trend has been DOWN since Jun 26th, 2018 at 20.3754
The intermediate term trend has been DOWN since Jun 4th, 2018 at 21.3552
The short term trend has been UP since Sep 19th, 2018 at 19.4608
Smart Scan Analysis for FTGC.IV
Based on a pre-defined weighted trend formula for chart analysis, FTGC.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.8492||52wk High Date||2018-05-24|
|52wk Low||18.9881||52wk Low Date||2018-09-14|