Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
DJ BRIC 50 INDEX USD (INDEX:BRIC50D)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BRIC50D
The long term trend has been DOWN since May 28th, 2018 at 679.24
The intermediate term trend has been DOWN since May 24th, 2018 at 681.71
The short term trend has been DOWN since Jun 13th, 2018 at 678.83
Smart Scan Analysis for BRIC50D
Based on a pre-defined weighted trend formula for chart analysis, BRIC50D scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||788.67||52wk High Date||2018-01-29|
|52wk Low||557.04||52wk Low Date||2017-07-07|