Index Trend Analysis Report
Prepared for you on Monday, September 25, 2017.
DJ SOUTH KOREA TITANS 30 INDEX (INDEX:KR30)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 KR30
The long term trend has been UP since Mar 20th, 2016 at 445.04
The intermediate term trend has been UP since Sep 17th, 2017 at 559.29
The short term trend has been DOWN since Sep 22nd, 2017 at 568.11
Smart Scan Analysis for KR30
Based on a pre-defined weighted trend formula for chart analysis, KR30 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||571.8||52wk High Date||2017-09-20|
|52wk Low||443.34||52wk Low Date||2016-11-09|