Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
NYSE INTL 100 INDEX (TRUST) (PACF:NYITR)
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 NYITR
The long term trend has been DOWN since Feb 9th, 2018 at 9857.9170
The intermediate term trend has been UP since May 10th, 2018 at 10329.2119
The short term trend has been UP since May 22nd, 2018 at 10370.7432
Smart Scan Analysis for NYITR
Based on a pre-defined weighted trend formula for chart analysis, NYITR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11032.79||52wk High Date||2018-01-26|
|52wk Low||9217.63||52wk Low Date||2017-06-15|