Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
DJ BANKS EURO INDEX (INDEX:DJTBAKE)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 DJTBAKE
The long term trend has been DOWN since Mar 22nd, 2018 at 100.04
The intermediate term trend has been UP since May 1st, 2018 at 99.99
The short term trend has been UP since May 22nd, 2018 at 101.81
Smart Scan Analysis for DJTBAKE
Based on a pre-defined weighted trend formula for chart analysis, DJTBAKE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||109.89||52wk High Date||2018-01-29|
|52wk Low||92.93||52wk Low Date||2017-09-08|