Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
DJ RETAIL EURO INDEX (INDEX:DJTRETE)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 DJTRETE
The long term trend has been UP since May 9th, 2018 at 720.83
The intermediate term trend has been UP since Aug 9th, 2018 at 804.71
The short term trend has been DOWN since Sep 21st, 2018 at 826.44
Smart Scan Analysis for DJTRETE
Based on a pre-defined weighted trend formula for chart analysis, DJTRETE scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||842.96||52wk High Date||2018-09-12|
|52wk Low||622.93||52wk Low Date||2017-09-25|