Index Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
FLEXSHARES STOXX GLOBAL BROAD (PACF:NFRA.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NFRA.IV
The long term trend has been UP since Nov 30th, 2017 at 48.7103
The intermediate term trend has been UP since Nov 24th, 2017 at 48.0792
The short term trend has been DOWN since Dec 15th, 2017 at 49.0287
Smart Scan Analysis for NFRA.IV
Based on a pre-defined weighted trend formula for chart analysis, NFRA.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||49.3796||52wk High Date||2017-12-13|
|52wk Low||42.9785||52wk Low Date||2016-12-15|