Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
FIRST TRUST TAIWAN ALPHADEX FU (PACF:FTW.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 FTW.IV
The long term trend has been UP since Jan 8th, 2018 at 37.3362
The intermediate term trend has been DOWN since Feb 6th, 2018 at 37.1587
The short term trend has been UP since Feb 14th, 2018 at 35.9869
Smart Scan Analysis for FTW.IV
Based on a pre-defined weighted trend formula for chart analysis, FTW.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.643||52wk High Date||2018-01-25|
|52wk Low||33.3329||52wk Low Date||2017-03-09|