Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
DJ EASTERN EUROPE STOCK INDEX (INDEX:E3DOW)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 E3DOW
The long term trend has been DOWN since Apr 4th, 2018 at 693.00
The intermediate term trend has been UP since Aug 27th, 2018 at 709.89
The short term trend has been UP since Sep 12th, 2018 at 697.71
Smart Scan Analysis for E3DOW
Based on a pre-defined weighted trend formula for chart analysis, E3DOW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||766.18||52wk High Date||2018-01-25|
|52wk Low||668.13||52wk Low Date||2018-06-28|