Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
RIVERFRONT DYN UNCONSTRAINED INCOME IOPV (PACF:RFUN.IV)
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 RFUN.IV
The long term trend has been UP since Aug 6th, 2018 at 25.2075
The intermediate term trend has been DOWN since Sep 25th, 2018 at 25.2192
The short term trend has been DOWN since Oct 18th, 2018 at 25.0426
Smart Scan Analysis for RFUN.IV
Based on a pre-defined weighted trend formula for chart analysis, RFUN.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.3729||52wk High Date||2017-10-23|
|52wk Low||24.8924||52wk Low Date||2018-07-02|