Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NASDAQ US DIVIDEND ACHIEVERS SELECT CAD (NASDAQ:DVGCADTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DVGCADTR
The long term trend has been UP since Oct 5th, 2017 at 3653.48
The intermediate term trend has been DOWN since Oct 1st, 2018 at 4396.84
The short term trend has been UP since Oct 17th, 2018 at 4268.40
Smart Scan Analysis for DVGCADTR
Based on a pre-defined weighted trend formula for chart analysis, DVGCADTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4479.31||52wk High Date||2018-09-21|
|52wk Low||3706.84||52wk Low Date||2017-11-09|