Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
DJ EUROPE SELECT DIVIDEND 30 IND EUR (INDEX:DJEUDIV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 DJEUDIV
The long term trend has been UP since May 9th, 2018 at 128.25
The intermediate term trend has been DOWN since May 24th, 2018 at 126.38
The short term trend has been DOWN since Jun 18th, 2018 at 122.48
Smart Scan Analysis for DJEUDIV
Based on a pre-defined weighted trend formula for chart analysis, DJEUDIV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||142.7||52wk High Date||2017-06-20|
|52wk Low||117.47||52wk Low Date||2018-03-23|