Index Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
DJ EUROPE STOCK INDEX (EX UK) (INDEX:E2DOW)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 UP since Jan 5th, 2017 at 330.52
The intermediate term trend has been DOWN since Jun 12th, 2017 at 378.28
The short term trend has been UP since Jun 26th, 2017 at 380.73
Smart Scan Analysis for E2DOW
Based on a pre-defined weighted trend formula for chart analysis, E2DOW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||386.45||52wk High Date||2017-06-02|
|52wk Low||288.39||52wk Low Date||2016-06-27|