Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
DJ SOUTH KOREA TTN 30 TOTAL RETURN IND (INDEX:KR30DT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 KR30DT
The long term trend has been DOWN since Feb 8th, 2018 at 486.92
The intermediate term trend has been DOWN since Oct 3rd, 2018 at 448.65
The short term trend has been DOWN since Oct 23rd, 2018 at 418.30
Smart Scan Analysis for KR30DT
Based on a pre-defined weighted trend formula for chart analysis, KR30DT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||546.52||52wk High Date||2018-01-29|
|52wk Low||415.83||52wk Low Date||2018-10-19|