Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
FLEXSHARES STOXX GLOBAL BROAD (PACF:NFRA.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Feb 6th, 2018 at 46.6131
The intermediate term trend has been UP since Jul 6th, 2018 at 46.6316
The short term trend has been UP since Jul 20th, 2018 at 46.5624
Smart Scan Analysis for NFRA.IV
Based on a pre-defined weighted trend formula for chart analysis, NFRA.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||49.998||52wk High Date||2018-01-24|
|52wk Low||45.0745||52wk Low Date||2018-03-26|