Index Trend Analysis Report
Prepared for you on Friday, May 25, 2018.
NATIONWIDE MAX DIVERSIFICATION EMER MARKETS CORE EQUITY IOPV (PACF:MXDE.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 MXDE.IV
The long term trend has been DOWN since Apr 25th, 2018 at 24.7980
The intermediate term trend has been DOWN since Apr 25th, 2018 at 24.8353
The short term trend has been UP since May 25th, 2018 at 24.5984
Smart Scan Analysis for MXDE.IV
Based on a pre-defined weighted trend formula for chart analysis, MXDE.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).