Index Trend Analysis Report
Prepared for you on Friday, March 23, 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 UP since Jan 23rd, 2018 at 43.5811
The intermediate term trend has been UP since Feb 26th, 2018 at 42.9043
The short term trend has been UP since Mar 20th, 2018 at 42.9653
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||37.9938||52wk Low Date||2017-06-21|