Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
O'SHARES FTSE EUROPE QUALITY DIVIDEND ETF IOP (PACF:OEUR.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 OEUR.IV
The long term trend has been DOWN since May 29th, 2018 at 24.0387
The intermediate term trend has been DOWN since May 23rd, 2018 at 24.6159
The short term trend has been UP since Jun 22nd, 2018 at 24.1472
Smart Scan Analysis for OEUR.IV
Based on a pre-defined weighted trend formula for chart analysis, OEUR.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.8245||52wk High Date||2018-01-25|
|52wk Low||23.7544||52wk Low Date||2017-11-20|