Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
iShares CURRENCY HDGD JPX-NIKK 400 IOPV (PACF:HJPX.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 HJPX.IV
The long term trend has been DOWN since Oct 23rd, 2018 at 28.2424
The intermediate term trend has been DOWN since Oct 11th, 2018 at 29.5030
The short term trend has been UP since Nov 26th, 2018 at 28.0089
Smart Scan Analysis for HJPX.IV
Based on a pre-defined weighted trend formula for chart analysis, HJPX.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||32.6411||52wk High Date||2018-01-22|
|52wk Low||26.8954||52wk Low Date||2018-10-26|