Index Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
THE EUROPE DOW TOTAL RETURN (EUR) (INDEX:EDOWR)
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 EDOWR
The long term trend has been DOWN since Feb 6th, 2018 at 2319.81
The intermediate term trend has been UP since Jan 11th, 2019 at 2134.15
The short term trend has been UP since Jan 3rd, 2019 at 2071.36
Smart Scan Analysis for EDOWR
Based on a pre-defined weighted trend formula for chart analysis, EDOWR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2512.53||52wk High Date||2018-01-23|
|52wk Low||2112.94||52wk Low Date||2018-10-26|