Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
BARCLAYS BANK PLC IPATH BLOOMBERG GRAINS S (PACF:JJGTF.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 JJGTF.IV
The long term trend has been DOWN since Jun 8th, 2018 at 25.8645
The intermediate term trend has been DOWN since Oct 25th, 2018 at 22.5859
The short term trend has been DOWN since Nov 8th, 2018 at 23.0987
Smart Scan Analysis for JJGTF.IV
Based on a pre-defined weighted trend formula for chart analysis, JJGTF.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.0239||52wk High Date||2018-05-24|
|52wk Low||21.8308||52wk Low Date||2018-09-18|