Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
PROSHARES ULTRA-SHORT SILVER IND VALUE (PACF:ZSL.IV)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since May 1st, 2018 at 34.6649
The intermediate term trend has been UP since Nov 9th, 2018 at 43.8762
The short term trend has been UP since Nov 30th, 2018 at 44.7179
Smart Scan Analysis for ZSL.IV
Based on a pre-defined weighted trend formula for chart analysis, ZSL.IV scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||45.8584||52wk High Date||2018-09-11|
|52wk Low||28.978||52wk Low Date||2018-01-25|