Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
THE ASIA DOW (JPY) (INDEX:ADOWJ)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 ADOWJ
The long term trend has been DOWN since Oct 10th, 2018 at 3226.66
The intermediate term trend has been UP since Jan 14th, 2019 at 3086.29
The short term trend has been UP since Jan 6th, 2019 at 2955.00
Smart Scan Analysis for ADOWJ
Based on a pre-defined weighted trend formula for chart analysis, ADOWJ scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3792.47||52wk High Date||2018-01-23|
|52wk Low||3008.3||52wk Low Date||2018-10-26|