Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
VAN ECK MERK GOLD SHARES IOPV (PACF:OUNZ.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 OUNZ.IV
The long term trend has been DOWN since May 1st, 2018 at 12.8327
The intermediate term trend has been DOWN since Nov 9th, 2018 at 11.9078
The short term trend has been UP since Nov 29th, 2018 at 12.0410
Smart Scan Analysis for OUNZ.IV
Based on a pre-defined weighted trend formula for chart analysis, OUNZ.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.46||52wk High Date||2018-01-25|
|52wk Low||11.5351||52wk Low Date||2018-08-15|