Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
PROSHARES SHORT FTSE CHINA 50 IOPV (PACF:YXI.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 YXI.IV
The long term trend has been UP since Jun 19th, 2018 at 19.1189
The intermediate term trend has been DOWN since Nov 1st, 2018 at 20.6350
The short term trend has been UP since Nov 8th, 2018 at 20.4724
Smart Scan Analysis for YXI.IV
Based on a pre-defined weighted trend formula for chart analysis, YXI.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.1633||52wk High Date||2018-10-29|
|52wk Low||16.4213||52wk Low Date||2018-01-26|