Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
GLOBAL X NASDAQ CHINA TECH IV (PACF:QQQC.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 QQQC.IV
The long term trend has been DOWN since Feb 9th, 2018 at 28.5850
The intermediate term trend has been UP since Nov 2nd, 2018 at 24.4238
The short term trend has been UP since Nov 15th, 2018 at 23.1247
Smart Scan Analysis for QQQC.IV
Based on a pre-defined weighted trend formula for chart analysis, QQQC.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||33.7802||52wk High Date||2018-01-26|
|52wk Low||21.0413||52wk Low Date||2018-10-30|