Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
DJ SAFE INDIA INDEX INR (INDEX:DJSFIN)
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 DJSFIN
The long term trend has been UP since Feb 6th, 2017 at 2942.93
The intermediate term trend has been DOWN since Feb 5th, 2018 at 3668.29
The short term trend has been UP since Mar 21st, 2018 at 3518.22
Smart Scan Analysis for DJSFIN
Based on a pre-defined weighted trend formula for chart analysis, DJSFIN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3822.82||52wk High Date||2018-01-29|
|52wk Low||3046.06||52wk Low Date||2017-03-22|