Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
HIGHLAND/IBOXX SENIOR LOAN [EST CASH/UNIT] (PACF:SNLN.EU)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SNLN.EU
The long term trend has been DOWN since Oct 11th, 2018 at -57593.98
The intermediate term trend has been DOWN since Oct 10th, 2018 at -2601.77
The short term trend has been UP since Oct 18th, 2018 at 13356.70
Smart Scan Analysis for SNLN.EU
Based on a pre-defined weighted trend formula for chart analysis, SNLN.EU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||133294.1||52wk High Date||2018-03-21|
|52wk Low||-161296.6||52wk Low Date||2018-10-12|