Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
FIRST TRUST INDUS/DURAB ALPHADEX EST VALUE [EST CASH/UNIT] (PACF:FXR.EU)
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 FXR.EU
The long term trend has been UP since Jun 7th, 2018 at 9020.8086
The intermediate term trend has been DOWN since Sep 14th, 2018 at 3269.7183
The short term trend has been DOWN since Sep 14th, 2018 at 4212.3920
Smart Scan Analysis for FXR.EU
Based on a pre-defined weighted trend formula for chart analysis, FXR.EU scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10420.21||52wk High Date||2018-06-07|
|52wk Low||-405.4047||52wk Low Date||2017-12-27|