Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
DJ EUROPE STOCK INDEX (EX UK) (INDEX:E2DOW)
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 E2DOW
The long term trend has been DOWN since Feb 9th, 2018 at 397.14
The intermediate term trend has been UP since Apr 13th, 2018 at 410.54
The short term trend has been DOWN since Apr 20th, 2018 at 412.70
Smart Scan Analysis for E2DOW
Based on a pre-defined weighted trend formula for chart analysis, E2DOW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||440.23||52wk High Date||2018-01-25|
|52wk Low||347.87||52wk Low Date||2017-04-21|