Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
NYSE ISSUES VOLUME UP (DTN:@VINA)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @VINA
The long term trend has been DOWN since Mar 14th, 2017 at 3536
The intermediate term trend has been DOWN since Aug 10th, 2018 at 3617
The short term trend has been UP since Aug 14th, 2018 at 279431
Smart Scan Analysis for @VINA
Based on a pre-defined weighted trend formula for chart analysis, @VINA scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).