Index Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
NYSE ARCA JAPAN INDEX (PACF:JPN)
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 JPN
The long term trend has been UP since Apr 11th, 2018 at 224.7472
The intermediate term trend has been DOWN since Jun 19th, 2018 at 29.1510
The short term trend has been DOWN since Jun 13th, 2018 at 29.6500
Smart Scan Analysis for JPN
Based on a pre-defined weighted trend formula for chart analysis, JPN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||31.67||Year High Date||2018-01-24|
|Year Low||28.28||Year Low Date||2018-02-09|
|52wk High||255.4425||52wk High Date||2018-01-23|
|52wk Low||212.6841||52wk Low Date||2017-08-24|