Index Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
VANECK VECTORS RUSSIA SM CAP IV (PACF:RSXJ.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 RSXJ.IV
The long term trend has been DOWN since Apr 9th, 2018 at 40.2080
The intermediate term trend has been UP since Sep 20th, 2018 at 32.5719
The short term trend has been UP since Sep 12th, 2018 at 31.3947
Smart Scan Analysis for RSXJ.IV
Based on a pre-defined weighted trend formula for chart analysis, RSXJ.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||44.0954||52wk High Date||2018-01-25|
|52wk Low||30.7679||52wk Low Date||2018-09-11|