Index Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
DJ TURKEY EQUITY WTS 15 INDEX (INDEX:TR15)
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 TR15
The long term trend has been UP since Dec 3rd, 2018 at 1018.22
The intermediate term trend has been UP since Nov 29th, 2018 at 1006.27
The short term trend has been DOWN since Dec 4th, 2018 at 991.54
Smart Scan Analysis for TR15
Based on a pre-defined weighted trend formula for chart analysis, TR15 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1256.95||52wk High Date||2018-01-29|
|52wk Low||840.74||52wk Low Date||2018-08-17|