Index Trend Analysis Report
Prepared for you on Wednesday, October 24, 2018.
TEUCRIUM WHEAT FUND BENCHMARK INDEX (PACF:TWEAT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 TWEAT
The long term trend has been UP since Aug 2nd, 2018 at 39.2564
The intermediate term trend has been UP since Oct 7th, 2018 at 35.6725
The short term trend has been DOWN since Oct 17th, 2018 at 35.3550
Smart Scan Analysis for TWEAT
Based on a pre-defined weighted trend formula for chart analysis, TWEAT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||40.4913||52wk High Date||2018-08-02|
|52wk Low||31.6259||52wk Low Date||2017-12-12|