Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
POWERSHARES S&P 500 QVM UCITS ETF (PACF:PQVMCH.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 PQVMCH.IV
The long term trend has been UP since May 10th, 2018 at 302453
The intermediate term trend has been UP since Apr 17th, 2018 at 294246
The short term trend has been DOWN since May 23rd, 2018 at 304711
Smart Scan Analysis for PQVMCH.IV
Based on a pre-defined weighted trend formula for chart analysis, PQVMCH.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||309835||52wk High Date||2018-05-21|
|52wk Low||244030||52wk Low Date||2017-08-31|