Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
DJ ASIA SELECT DIVIDEND 30 EUR (INDEX:DJASDE)
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.
MarketClub’s Trade Triangles for DJASDE
The long term trend has been DOWN since Jun 27th, 2018 at 694.79
The intermediate term trend has been DOWN since Oct 7th, 2018 at 662.71
The short term trend has been UP since Oct 17th, 2018 at 631.70
Smart Scan Analysis for DJASDE
Based on a pre-defined weighted trend formula for chart analysis, DJASDE scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||777.55||52wk High Date||2018-01-29|
|52wk Low||616.53||52wk Low Date||2018-10-12|