Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
DJ EASTERN EUROPE STOCK INDEX (INDEX:E3DOW)
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 E3DOW
The long term trend has been DOWN since Oct 10th, 2018 at 671.29
The intermediate term trend has been UP since Jan 7th, 2019 at 628.37
The short term trend has been DOWN since Jan 14th, 2019 at 640.56
Smart Scan Analysis for E3DOW
Based on a pre-defined weighted trend formula for chart analysis, E3DOW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||766.18||52wk High Date||2018-01-25|
|52wk Low||616.64||52wk Low Date||2018-11-20|