Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
DAX PREMIUM (DTN:@PRDA)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 @PRDA
The long term trend has been DOWN since Feb 6th, 2018 at -549.49
The intermediate term trend has been UP since Jun 29th, 2018 at 117.23
The short term trend has been DOWN since Jul 19th, 2018 at -36.23
Smart Scan Analysis for @PRDA
Based on a pre-defined weighted trend formula for chart analysis, @PRDA scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).