Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
PROSHARES ULTRA-SHORT SILVER IND VALUE (PACF:ZSL.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 ZSL.IV
The long term trend has been DOWN since Jan 24th, 2018 at 29.7822
The intermediate term trend has been UP since Feb 2nd, 2018 at 32.1956
The short term trend has been DOWN since Mar 21st, 2018 at 33.3333
Smart Scan Analysis for ZSL.IV
Based on a pre-defined weighted trend formula for chart analysis, ZSL.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||40.1859||52wk High Date||2017-07-10|
|52wk Low||27.6368||52wk Low Date||2017-04-13|