Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
iShares IR HEDGE HYG IOPVLD/YEN IOPV (PACF:HYGH.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 HYGH.IV
The long term trend has been UP since Aug 1st, 2018 at 92.0110
The intermediate term trend has been DOWN since Oct 8th, 2018 at 91.5203
The short term trend has been DOWN since Oct 18th, 2018 at 91.0633
Smart Scan Analysis for HYGH.IV
Based on a pre-defined weighted trend formula for chart analysis, HYGH.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||92.7095||52wk High Date||2018-10-01|
|52wk Low||88.8533||52wk Low Date||2018-02-09|