Stock Trend Analysis Report
Prepared for you on Friday, October 30, 2020.
ProShares Short Euro (PACF:EUFX)
Sidelines Mode (+50) - EUFX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EUFX can gain momentum.
Is it time to buy, sell, or avoid EUFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EUFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EUFX
The long-term trend has been DOWN since Sep 1st, 2020 at 42.7100
The intermediate-term trend has been UP since Oct 29th, 2020 at 43.6035
The short-term trend has been UP since Oct 27th, 2020 at 43.0500
Smart Scan Analysis for EUFX
Based on our trend formula, EUFX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||43.5928||Year High Date||2018-11-28|
|Year Low||38.37||Year Low Date||2018-02-01|
|52wk High||48.266||52wk High Date||2020-03-19|
|52wk Low||40.13||52wk Low Date||2020-03-12|
|Year End Close||37.64||Average Volume||383|