Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
DJ HONG KONG STOCK INDEX (USD) (INDEX:HKDOWD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 HKDOWD
The long term trend has been UP since Feb 19th, 2017 at 497.50
The intermediate term trend has been DOWN since Feb 4th, 2018 at 598.02
The short term trend has been UP since Feb 13th, 2018 at 565.05
Smart Scan Analysis for HKDOWD
Based on a pre-defined weighted trend formula for chart analysis, HKDOWD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||618.63||52wk High Date||2018-01-29|
|52wk Low||495.63||52wk Low Date||2017-02-20|