Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
DJ ISLAMIC MARKET GBL SELECT USD TRUST (INDEX:DJIGSDT)
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 DJIGSDT
The long term trend has been UP since Dec 6th, 2016 at 2052.44
The intermediate term trend has been DOWN since Feb 4th, 2018 at 2554.79
The short term trend has been UP since Feb 13th, 2018 at 2441.92
Smart Scan Analysis for DJIGSDT
Based on a pre-defined weighted trend formula for chart analysis, DJIGSDT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2651.49||52wk High Date||2018-01-29|
|52wk Low||2114.26||52wk Low Date||2017-03-09|