Index Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
SPDR MSCI WORLD CONSUMER DISCRETIONARY U (NASDAQ:INWCODE.IV)
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 INWCODE.IV
The long term trend has been DOWN since Jul 6th, 2017 at 30.15
The intermediate term trend has been UP since Sep 13th, 2017 at 29.80
The short term trend has been DOWN since Sep 19th, 2017 at 29.74
Smart Scan Analysis for INWCODE.IV
Based on a pre-defined weighted trend formula for chart analysis, INWCODE.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.94||52wk High Date||2017-05-10|
|52wk Low||26.37||52wk Low Date||2016-11-09|