Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
GLOBAL X MSCI GREECE 20 ETF IOPV (PACF:GREK.IV)
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 GREK.IV
The long term trend has been UP since Dec 26th, 2017 at 10.3440
The intermediate term trend has been DOWN since Feb 6th, 2018 at 10.7235
The short term trend has been DOWN since Feb 21st, 2018 at 10.5763
Smart Scan Analysis for GREK.IV
Based on a pre-defined weighted trend formula for chart analysis, GREK.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.5314||52wk High Date||2018-01-25|
|52wk Low||7.6111||52wk Low Date||2017-03-15|