Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
DJ ISLAMIC MARKET ASIA/PACIFIC LG-CAP (INDEX:DJIAPL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 DJIAPL
The long term trend has been UP since Feb 10th, 2017 at 1472.79
The intermediate term trend has been DOWN since Dec 3rd, 2017 at 1852.63
The short term trend has been UP since Dec 8th, 2017 at 1843.47
Smart Scan Analysis for DJIAPL
Based on a pre-defined weighted trend formula for chart analysis, DJIAPL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1926.49||52wk High Date||2017-11-27|
|52wk Low||1365.42||52wk Low Date||2016-12-23|