Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
INVESCO EMERGING MARKETS DEBT DEFENSIVE (PACF:IEMD.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 IEMD.IV
The long term trend has been DOWN since Jul 23rd, 2018 at 24.9498
The intermediate term trend has been DOWN since Nov 20th, 2018 at 24.7448
The short term trend has been UP since Nov 28th, 2018 at 24.7498
Smart Scan Analysis for IEMD.IV
Based on a pre-defined weighted trend formula for chart analysis, IEMD.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).