Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
iShares CURRENCY HEDGED MSCI ITALY ETF [TOTAL CASH/UNIT] (PACF:HEWI.TC)
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 HEWI.TC
The long term trend has been UP since Oct 26th, 2018 at 26279.98
The intermediate term trend has been DOWN since Nov 2nd, 2018 at 9623.33
The short term trend has been DOWN since Nov 19th, 2018 at 2795.85
Smart Scan Analysis for HEWI.TC
Based on a pre-defined weighted trend formula for chart analysis, HEWI.TC scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||44213.71||52wk High Date||2018-05-30|
|52wk Low||-33799.59||52wk Low Date||2018-01-29|