Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
DJ CHILE STOCK INDEX (INDEX:CLDOW)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CLDOW
The long term trend has been UP since Dec 18th, 2017 at 955.04
The intermediate term trend has been DOWN since Feb 5th, 2018 at 972.64
The short term trend has been DOWN since Mar 15th, 2018 at 948.42
Smart Scan Analysis for CLDOW
Based on a pre-defined weighted trend formula for chart analysis, CLDOW scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||998.34||52wk High Date||2018-02-01|
|52wk Low||807.36||52wk Low Date||2017-06-29|