Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
DJ EGX EGYPT TITANS 20 INDEX (INDEX:DJEG20D)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DJEG20D
The long term trend has been UP since Jul 11th, 2017 at 734.70
The intermediate term trend has been DOWN since Feb 6th, 2018 at 815.88
The short term trend has been UP since Feb 15th, 2018 at 830.39
Smart Scan Analysis for DJEG20D
Based on a pre-defined weighted trend formula for chart analysis, DJEG20D scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||849.99||52wk High Date||2018-01-21|
|52wk Low||675.88||52wk Low Date||2017-04-30|