Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2019.
Market Vectors Double Short Euro ETN (PACF:DRR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DRR
The long term trend has been UP since Mar 7th, 2019 at 60.00
The intermediate term trend has been UP since Apr 1st, 2019 at 61.01
The short term trend has been DOWN since Apr 17th, 2019 at 59.64
Smart Scan Analysis for DRR
Based on a pre-defined weighted trend formula for chart analysis, DRR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||59.45||Year High Date||2018-11-28|
|Year Low||44.2||Year Low Date||2018-02-05|
|52wk High||60||52wk High Date||2019-02-11|
|52wk Low||44.47||52wk Low Date||2018-02-22|
|Year End Close||43.15||Average Volume||358|