Index Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
DJ ISLAMIC MARKET KUWAIT INDEX (INDEX:DJIMKW)
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 DJIMKW
The long term trend has been UP since Jul 5th, 2018 at 740.03
The intermediate term trend has been UP since Jun 19th, 2018 at 717.65
The short term trend has been DOWN since Jul 15th, 2018 at 757.81
Smart Scan Analysis for DJIMKW
Based on a pre-defined weighted trend formula for chart analysis, DJIMKW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||786.79||52wk High Date||2017-09-11|
|52wk Low||674.73||52wk Low Date||2017-11-07|