Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
GLOBAL DOW (EURO) (INDEX:GDOWE)
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 GDOWE
The long term trend has been UP since May 16th, 2018 at 2465.00
The intermediate term trend has been UP since Jul 17th, 2018 at 2449.60
The short term trend has been DOWN since Aug 10th, 2018 at 2510.21
Smart Scan Analysis for GDOWE
Based on a pre-defined weighted trend formula for chart analysis, GDOWE scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2531.76||52wk High Date||2018-01-23|
|52wk Low||2203.2||52wk Low Date||2017-08-29|