Index Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
DJ DEVELOPED MARKETS OIL & GAS (INDEX:DWDVOG)
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 DWDVOG
The long term trend has been DOWN since Mar 8th, 2017 at 3973.03
The intermediate term trend has been UP since Jul 19th, 2017 at 3801.19
The short term trend has been DOWN since Jul 24th, 2017 at 3786.76
Smart Scan Analysis for DWDVOG
Based on a pre-defined weighted trend formula for chart analysis, DWDVOG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4328.86||52wk High Date||2016-12-12|
|52wk Low||3651.58||52wk Low Date||2017-07-07|