Stock Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Velocityshares Daily 4X Long GBP VS USD (PACF:UGBP)
Bull Market Weakness (+75) - UGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid UGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for UGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UGBP
The long-term trend has been UP since Jul 27th, 2020 at 16.4200
The intermediate-term trend has been UP since Oct 9th, 2020 at 17.0400
The short-term trend has been UP since Oct 21st, 2020 at 17.3316
Smart Scan Analysis for UGBP
Based on our trend formula, UGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||32.62||Year High Date||2018-01-25|
|Year Low||18.9||Year Low Date||2018-10-30|
|52wk High||20.655||52wk High Date||2019-12-13|
|52wk Low||10.805||52wk Low Date||2020-03-23|