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Index Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

PROSHARES ULTRA EURO IND VALUE (PACF:ULE.IV)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

PACF_ULE.IV
Open High Low ULE.IV Price Change
15.2144 15.3185 15.2006 15.3080 +0.1697
Entry Signal

MarketClub’s Trade Triangles for ULE.IV

long term down The long term trend has been DOWN since May 1st, 2018 at 17.2902

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2018 at 15.7548

short term up The short term trend has been UP since Aug 17th, 2018 at 15.2211

Smart Scan Analysis for ULE.IV

Based on a pre-defined weighted trend formula for chart analysis, ULE.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ULE.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.2144 15.3185 15.2006 15.3080 +0.1697
Prev. Close Volume Bid Ask Time
15.3080 0 2018-08-17 16:23:15
52wk High18.939652wk High Date2018-01-25
52wk Low14.9452wk Low Date2018-08-15
Want to analyze PROSHARES ULTRA EURO IND VALUE ULE.IV or another symbol? Try our Free Index Trend Analysis Report.