Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
SPDR MSCI EAFE STRATEGIC FACTORS ETF [TOTAL CASH/UNIT] (PACF:QEFA.TC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 QEFA.TC
The long term trend has been UP since May 7th, 2018 at 25657.70
The intermediate term trend has been DOWN since Oct 16th, 2018 at 48200.70
The short term trend has been DOWN since Oct 4th, 2018 at 50573.25
Smart Scan Analysis for QEFA.TC
Based on a pre-defined weighted trend formula for chart analysis, QEFA.TC scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||87366.38||52wk High Date||2017-11-29|
|52wk Low||12221.77||52wk Low Date||2018-01-29|