Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
DJ TURKEY EQUITY WTS 15 INDEX (INDEX:TR15)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 TR15
The long term trend has been DOWN since Apr 4th, 2018 at 1148.09
The intermediate term trend has been DOWN since Jul 11th, 2018 at 953.43
The short term trend has been UP since Jul 18th, 2018 at 904.87
Smart Scan Analysis for TR15
Based on a pre-defined weighted trend formula for chart analysis, TR15 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1256.95||52wk High Date||2018-01-29|
|52wk Low||880.41||52wk Low Date||2018-07-16|