Stock Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
GLOBAL X MSCI PAKISTAN ETF (PACF:PAK)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 PAK
The long term trend has been DOWN since Jun 16th, 2017 at 16.740
The intermediate term trend has been UP since Mar 13th, 2018 at 13.079
The short term trend has been UP since Apr 24th, 2018 at 13.050
Smart Scan Analysis for PAK
Based on a pre-defined weighted trend formula for chart analysis, PAK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||13.77||Year High Date||2018-01-22|
|Year Low||12.56||Year Low Date||2018-01-02|
|52wk High||19.23||52wk High Date||2017-05-15|
|52wk Low||12.1472||52wk Low Date||2017-12-28|