Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
DJ AUST STOCK (USD) (INDEX:AUDOWD)
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 AUDOWD
The long term trend has been DOWN since Mar 25th, 2018 at 395.27
The intermediate term trend has been UP since Apr 15th, 2018 at 402.00
The short term trend has been DOWN since May 15th, 2018 at 406.70
Smart Scan Analysis for AUDOWD
Based on a pre-defined weighted trend formula for chart analysis, AUDOWD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||434.73||52wk High Date||2018-01-29|
|52wk Low||369.47||52wk Low Date||2017-05-30|