Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
DJ TURKEY TITANS 20 INDEX US DOLLAR (INDEX:TR20D)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 TR20D
The long term trend has been UP since Mar 17th, 2017 at 431.45
The intermediate term trend has been DOWN since Sep 18th, 2017 at 525.41
The short term trend has been DOWN since Sep 12th, 2017 at 535.16
Smart Scan Analysis for TR20D
Based on a pre-defined weighted trend formula for chart analysis, TR20D scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||547.8||52wk High Date||2017-09-11|
|52wk Low||336.3||52wk Low Date||2017-01-11|