Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
INVESCO CHINA REAL ESTATE (PACF:TAO.IV)
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 TAO.IV
The long term trend has been DOWN since Jun 25th, 2018 at 29.1298
The intermediate term trend has been DOWN since Aug 2nd, 2018 at 27.3534
The short term trend has been UP since Aug 20th, 2018 at 27.0324
Smart Scan Analysis for TAO.IV
Based on a pre-defined weighted trend formula for chart analysis, TAO.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||32.9221||52wk High Date||2018-01-26|
|52wk Low||26.242||52wk Low Date||2017-08-21|