Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
SPROTT PHYSICAL SILVER TRUST (PACF:PSLV.IV)
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 PSLV.IV
The long term trend has been UP since Jan 24th, 2018 at 6.6068
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 6.3224
The short term trend has been DOWN since Feb 21st, 2018 at 6.2011
Smart Scan Analysis for PSLV.IV
Based on a pre-defined weighted trend formula for chart analysis, PSLV.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.0637||52wk High Date||2017-04-13|
|52wk Low||5.7607||52wk Low Date||2017-07-10|