Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
FIRST TRUST INDUS/DURAB ALPHADEX EST VALUE [EST CASH/UNIT] (PACF:FXR.EU)
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 FXR.EU
The long term trend has been DOWN since Nov 8th, 2018 at 810.3973
The intermediate term trend has been DOWN since Nov 8th, 2018 at 1420.0319
The short term trend has been UP since Nov 9th, 2018 at 1597.9116
Smart Scan Analysis for FXR.EU
Based on a pre-defined weighted trend formula for chart analysis, FXR.EU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10420.21||52wk High Date||2018-06-07|
|52wk Low||-547.6657||52wk Low Date||2018-11-08|