Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
DJ ISLAMIC MARKET EUROPE SMALL-CAP INDEX (INDEX:DJIEUS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DJIEUS
The long term trend has been UP since Feb 1st, 2017 at 9035.44
The intermediate term trend has been DOWN since Feb 5th, 2018 at 12088.98
The short term trend has been DOWN since Feb 19th, 2018 at 11945.78
Smart Scan Analysis for DJIEUS
Based on a pre-defined weighted trend formula for chart analysis, DJIEUS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12562.75||52wk High Date||2018-01-25|
|52wk Low||9092.27||52wk Low Date||2017-02-27|