Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

DJ BRIC 50 DR INDEX (USD) (INDEX:B50DRD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

INDEX_B50DRD
Open High Low B50DRD Price Change
642.37 0.00 640.54 640.66 -6.29
Entry Signal

MarketClub’s Trade Triangles for B50DRD

long term down The long term trend has been DOWN since Apr 4th, 2018 at 723.66

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 681.91

short term up The short term trend has been UP since Oct 22nd, 2018 at 642.56

Smart Scan Analysis for B50DRD

Based on a pre-defined weighted trend formula for chart analysis, B50DRD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for B50DRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
642.37 0.00 640.54 640.66 -6.29
Prev. Close Volume Bid Ask Time
635.9 0 2018-10-23 01:54:23
52wk High837.2152wk High Date2018-01-29
52wk Low624.2352wk Low Date2018-10-11
Want to analyze DJ BRIC 50 DR INDEX (USD) B50DRD or another symbol? Try our Free Index Trend Analysis Report.