Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
POWERSHARES FTSE RAFI EMERGING MARKETS U (PACF:PSDEGB.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 PSDEGB.IV
The long term trend has been DOWN since Apr 4th, 2018 at 66741
The intermediate term trend has been DOWN since Aug 31st, 2018 at 65937
The short term trend has been UP since Sep 14th, 2018 at 64774
Smart Scan Analysis for PSDEGB.IV
Based on a pre-defined weighted trend formula for chart analysis, PSDEGB.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||195664||52wk High Date||2017-11-20|
|52wk Low||62858||52wk Low Date||2018-06-28|