Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
iShares CURRENCY HEDGED MSCI SPAIN IOPV (PACF:HEWP.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 HEWP.IV
The long term trend has been UP since May 15th, 2018 at 23.3876
The intermediate term trend has been DOWN since May 25th, 2018 at 22.3777
The short term trend has been DOWN since Jun 15th, 2018 at 22.2453
Smart Scan Analysis for HEWP.IV
Based on a pre-defined weighted trend formula for chart analysis, HEWP.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||23.8461||52wk High Date||2018-01-29|
|52wk Low||20.723||52wk Low Date||2018-03-26|