Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
MAGELLAN GLOBAL TRUST (PACF:MGG-AU.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 MGG-AU.IV
The long term trend has been UP since May 8th, 2018 at 16064
The intermediate term trend has been UP since Jul 15th, 2018 at 16598
The short term trend has been DOWN since Sep 17th, 2018 at 17254
Smart Scan Analysis for MGG-AU.IV
Based on a pre-defined weighted trend formula for chart analysis, MGG-AU.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17407||52wk High Date||2018-09-12|
|52wk Low||14948||52wk Low Date||2017-11-08|