Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
DJ US FOODPRODRS (INDEX:DJUSFO)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJUSFO
The long term trend has been DOWN since Oct 11th, 2018 at 358.69
The intermediate term trend has been UP since Oct 22nd, 2018 at 370.32
The short term trend has been DOWN since Nov 14th, 2018 at 368.32
Smart Scan Analysis for DJUSFO
Based on a pre-defined weighted trend formula for chart analysis, DJUSFO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||402.76||52wk High Date||2018-01-29|
|52wk Low||340.46||52wk Low Date||2018-05-03|