Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
DJ SOUTH KOREA TITANS 30 INDEX (INDEX:KR30)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 KR30
The long term trend has been DOWN since Feb 7th, 2018 at 591.52
The intermediate term trend has been DOWN since May 4th, 2018 at 591.01
The short term trend has been UP since May 22nd, 2018 at 591.77
Smart Scan Analysis for KR30
Based on a pre-defined weighted trend formula for chart analysis, KR30 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||642.09||52wk High Date||2018-01-29|
|52wk Low||534.28||52wk Low Date||2017-06-01|