Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
MAGELLAN GLOBAL TRUST (PACF:MGG-AU.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Oct 22nd, 2017 at 15020
The intermediate term trend has been UP since Oct 22nd, 2017 at 15020
The short term trend has been UP since Dec 6th, 2017 at 15727
Smart Scan Analysis for MGG-AU.IV
Based on a pre-defined weighted trend formula for chart analysis, MGG-AU.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15908||52wk High Date||2017-12-07|
|52wk Low||14948||52wk Low Date||2017-11-08|