Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
DJ RETAIL EURO INDEX (INDEX:DJTRETE)
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 DJTRETE
The long term trend has been UP since May 9th, 2018 at 720.83
The intermediate term trend has been UP since Apr 17th, 2018 at 686.07
The short term trend has been DOWN since Jul 19th, 2018 at 799.87
Smart Scan Analysis for DJTRETE
Based on a pre-defined weighted trend formula for chart analysis, DJTRETE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||808.58||52wk High Date||2018-06-21|
|52wk Low||598.47||52wk Low Date||2017-08-29|