Index Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
DOW JNS BROOKFIELD GLOBAL INFRAS INDEX USD (INDEX:DJBGI)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 DJBGI
The long term trend has been DOWN since Oct 10th, 2018 at 3475.03
The intermediate term trend has been DOWN since Nov 23rd, 2018 at 3376.34
The short term trend has been DOWN since Dec 17th, 2018 at 3436.44
Smart Scan Analysis for DJBGI
Based on a pre-defined weighted trend formula for chart analysis, DJBGI scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3715.85||52wk High Date||2017-12-04|
|52wk Low||3328.07||52wk Low Date||2018-02-09|