Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
TEUCRIUM CORN FUND BENCHMARK INDEX (PACF:TCORN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 TCORN
The long term trend has been DOWN since Aug 15th, 2017 at 99.7372
The intermediate term trend has been DOWN since Jul 25th, 2017 at 102.2049
The short term trend has been DOWN since Oct 19th, 2017 at 95.4080
Smart Scan Analysis for TCORN
Based on a pre-defined weighted trend formula for chart analysis, TCORN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||109.9103||52wk High Date||2017-07-11|
|52wk Low||93.7153||52wk Low Date||2017-08-31|