Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
POWERSHARES S&P 500 QVM UCITS ETF (PACF:PQVMCH.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 PQVMCH.IV
The long term trend has been DOWN since Feb 6th, 2018 at 275552
The intermediate term trend has been DOWN since Jan 30th, 2018 at 296133
The short term trend has been UP since Feb 14th, 2018 at 282205
Smart Scan Analysis for PQVMCH.IV
Based on a pre-defined weighted trend formula for chart analysis, PQVMCH.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||308289||52wk High Date||2018-01-23|
|52wk Low||244030||52wk Low Date||2017-08-31|