Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
TEUCRIUM WHEAT FUND IV (PACF:WEAT.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 WEAT.IV
The long term trend has been UP since Feb 7th, 2018 at 6.4002
The intermediate term trend has been UP since Jan 25th, 2018 at 6.1045
The short term trend has been DOWN since Feb 20th, 2018 at 6.3516
Smart Scan Analysis for WEAT.IV
Based on a pre-defined weighted trend formula for chart analysis, WEAT.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.4432||52wk High Date||2017-07-05|
|52wk Low||2.1299||52wk Low Date||2017-08-30|