Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
DJ TELECOM EURO INDEX (INDEX:DJTTELE)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJTTELE
The long term trend has been UP since Aug 6th, 2018 at 290.33
The intermediate term trend has been UP since Jul 8th, 2018 at 284.45
The short term trend has been UP since Aug 16th, 2018 at 294.43
Smart Scan Analysis for DJTTELE
Based on a pre-defined weighted trend formula for chart analysis, DJTTELE scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||312.32||52wk High Date||2017-08-16|
|52wk Low||271.31||52wk Low Date||2018-03-26|