Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
VANECK VECTORS INTL HIGH YIELD (PACF:IHY.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 IHY.IV
The long term trend has been DOWN since Apr 3rd, 2018 at 25.5079
The intermediate term trend has been DOWN since Aug 9th, 2018 at 24.5220
The short term trend has been UP since Aug 16th, 2018 at 24.2258
Smart Scan Analysis for IHY.IV
Based on a pre-defined weighted trend formula for chart analysis, IHY.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.2249||52wk High Date||2018-01-25|
|52wk Low||24.1049||52wk Low Date||2018-08-15|