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Index Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

DJ ISLAMIC MARKET BASIC MATERIALS INDEX (INDEX:DJIBSC)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

INDEX_DJIBSC
Open High Low DJIBSC Price Change
2397.09 2428.05 0.00 2425.83 +26.44
Entry Signal

MarketClub’s Trade Triangles for DJIBSC

long term up The long term trend has been UP since Jun 6th, 2018 at 2534.61

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2018 at 2428.08

short term down The short term trend has been DOWN since Jun 12th, 2018 at 2507.40

Smart Scan Analysis for DJIBSC

Based on a pre-defined weighted trend formula for chart analysis, DJIBSC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for DJIBSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2397.09 2428.05 0.00 2425.83 +26.44
Prev. Close Volume Bid Ask Time
2399.39 0 2018-06-22 16:39:59
52wk High2639.852wk High Date2018-01-25
52wk Low2184.1552wk Low Date2017-07-07
Want to analyze DJ ISLAMIC MARKET BASIC MATERIALS INDEX DJIBSC or another symbol? Try our Free Index Trend Analysis Report.