Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
DJ NETHERLANDS STOCK INDEX (INDEX:NLDOW)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NLDOW
The long term trend has been DOWN since Sep 6th, 2018 at 484.54
The intermediate term trend has been UP since Nov 7th, 2018 at 469.14
The short term trend has been DOWN since Nov 16th, 2018 at 467.19
Smart Scan Analysis for NLDOW
Based on a pre-defined weighted trend formula for chart analysis, NLDOW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||510.98||52wk High Date||2018-08-09|
|52wk Low||439.5||52wk Low Date||2018-10-26|