Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
DJ CHILE STOCK INDEX (INDEX:CLDOW)
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 CLDOW
The long term trend has been DOWN since May 30th, 2018 at 919.04
The intermediate term trend has been UP since Sep 13th, 2018 at 890.24
The short term trend has been DOWN since Sep 19th, 2018 at 892.01
Smart Scan Analysis for CLDOW
Based on a pre-defined weighted trend formula for chart analysis, CLDOW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||998.34||52wk High Date||2018-02-01|
|52wk Low||822.49||52wk Low Date||2017-12-06|