Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
NATIONWIDE MAX DIVERSIFICATION EMER MARKETS CORE EQUITY IOPV (PACF:MXDE.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 MXDE.IV
The long term trend has been DOWN since Apr 25th, 2018 at 24.7980
The intermediate term trend has been DOWN since Aug 13th, 2018 at 23.5355
The short term trend has been UP since Aug 20th, 2018 at 22.8757
Smart Scan Analysis for MXDE.IV
Based on a pre-defined weighted trend formula for chart analysis, MXDE.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-179496.7296||52wk High Date||2018-07-02|
|52wk Low||22.6971||52wk Low Date||2018-08-15|