Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
IPATH S&P 500 VIX MID-TERM FUTURES ETN (PACF:VXZ.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.
MarketClub’s Trade Triangles for VXZ.IV
The long term trend has been DOWN since Dec 6th, 2016 at 345071.0000
The intermediate term trend has been UP since Nov 14th, 2017 at 20.2834
The short term trend has been DOWN since Nov 17th, 2017 at 20.1513
Smart Scan Analysis for VXZ.IV
Based on a pre-defined weighted trend formula for chart analysis, VXZ.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-69968.7296||52wk High Date||2016-12-01|
|52wk Low||18.9034||52wk Low Date||2017-11-01|