Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
DJ SAFE INDIA INDEX (INDEX:DJSFIND)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DJSFIND
The long term trend has been DOWN since Sep 21st, 2018 at 2449.39
The intermediate term trend has been UP since Dec 19th, 2018 at 2509.02
The short term trend has been UP since Jan 21st, 2019 at 2465.93
Smart Scan Analysis for DJSFIND
Based on a pre-defined weighted trend formula for chart analysis, DJSFIND scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2753.6||52wk High Date||2018-01-29|
|52wk Low||2183.49||52wk Low Date||2018-10-31|