Index Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
DJ ISLAMIC MARKET MALAYSIA TITANS (INDEX:DJMY25)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DJMY25
The long term trend has been DOWN since May 13th, 2018 at 997.99
The intermediate term trend has been UP since Jul 15th, 2018 at 1002.39
The short term trend has been UP since Jul 10th, 2018 at 977.54
Smart Scan Analysis for DJMY25
Based on a pre-defined weighted trend formula for chart analysis, DJMY25 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1141.55||52wk High Date||2018-03-05|
|52wk Low||960.02||52wk Low Date||2018-05-14|