Index Trend Analysis Report
Prepared for you on Monday, September 25, 2017.
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 DOWN since Aug 16th, 2017 at 6.6643
The intermediate term trend has been UP since Sep 13th, 2017 at 6.6113
The short term trend has been UP since Sep 20th, 2017 at 6.6039
Smart Scan Analysis for WEAT.IV
Based on a pre-defined weighted trend formula for chart analysis, WEAT.IV scored +70 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|