Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
VANECK VECTORS RUSSIA SM CAP IV (PACF:RSXJ.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 RSXJ.IV
The long term trend has been DOWN since Apr 9th, 2018 at 40.2080
The intermediate term trend has been UP since Nov 21st, 2018 at 31.0266
The short term trend has been UP since Nov 29th, 2018 at 30.6315
Smart Scan Analysis for RSXJ.IV
Based on a pre-defined weighted trend formula for chart analysis, RSXJ.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||44.0954||52wk High Date||2018-01-25|
|52wk Low||29.6658||52wk Low Date||2018-11-13|