Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
DJ ISLAMIC MARKET GBL SELECT USD TRUST (INDEX:DJIGSDT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DOWN since Jun 27th, 2018 at 2412.86
The intermediate term trend has been DOWN since Aug 10th, 2018 at 2442.16
The short term trend has been UP since Aug 16th, 2018 at 2438.33
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||2219.96||52wk Low Date||2017-08-21|