Index Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
FIRST TRUST TAIWAN ALPHADEX FU (PACF:FTW.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FTW.IV
The long term trend has been UP since Feb 1st, 2017 at 32.7571
The intermediate term trend has been DOWN since Nov 10th, 2017 at 36.7001
The short term trend has been UP since Nov 21st, 2017 at 36.5690
Smart Scan Analysis for FTW.IV
Based on a pre-defined weighted trend formula for chart analysis, FTW.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.4041||52wk High Date||2017-09-18|
|52wk Low||30.2739||52wk Low Date||2016-12-23|