Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
DJ BRIC BRAZIL 15 INDEX USD (INDEX:B50BRD)
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 B50BRD
The long term trend has been UP since Oct 8th, 2018 at 571.66
The intermediate term trend has been UP since Jan 2nd, 2019 at 581.61
The short term trend has been DOWN since Jan 15th, 2019 at 632.69
Smart Scan Analysis for B50BRD
Based on a pre-defined weighted trend formula for chart analysis, B50BRD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||729.43||52wk High Date||2018-01-31|
|52wk Low||453.5||52wk Low Date||2018-09-05|