Future Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
MINI MSCI EAFE INDEX SEPTEMBER 2019 (ICE:@MFS.U19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 @MFS.U19
The long term trend has been DOWN since Aug 5th, 2019 at 1820.6
The intermediate term trend has been DOWN since Jul 30th, 2019 at 1907.3
The short term trend has been UP since Aug 19th, 2019 at 1824.0
Smart Scan Analysis for @MFS.U19
Based on a pre-defined weighted trend formula for chart analysis, @MFS.U19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk Low||1787|
|52wk Low Date||2019-08-14||Volatility||12.62|