Index Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
DJ ISLAMIC MARKET UK INDEX (INDEX:DJIUK)
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 DJIUK
The long term trend has been UP since Feb 1st, 2017 at 1945.09
The intermediate term trend has been DOWN since Oct 24th, 2017 at 2277.49
The short term trend has been UP since Nov 16th, 2017 at 2235.42
Smart Scan Analysis for DJIUK
Based on a pre-defined weighted trend formula for chart analysis, DJIUK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2343.69||52wk High Date||2017-10-13|
|52wk Low||1836.97||52wk Low Date||2016-12-02|