Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
DJ EGX EGYPT TITANS 20 INDEX (INDEX:DJEG20D)
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 DJEG20D
The long term trend has been UP since Jul 11th, 2017 at 734.70
The intermediate term trend has been DOWN since May 9th, 2018 at 951.61
The short term trend has been UP since Jun 14th, 2018 at 885.54
Smart Scan Analysis for DJEG20D
Based on a pre-defined weighted trend formula for chart analysis, DJEG20D scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||998.16||52wk High Date||2018-04-29|
|52wk Low||711.32||52wk Low Date||2017-08-27|