Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
WISDOMTREE JAPAN DIVIDEND IND VALUE (PACF:DXJ.IV)
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 DXJ.IV
The long term trend has been DOWN since Oct 25th, 2018 at 52.7016
The intermediate term trend has been DOWN since Oct 11th, 2018 at 54.7410
The short term trend has been UP since Nov 27th, 2018 at 51.8350
Smart Scan Analysis for DXJ.IV
Based on a pre-defined weighted trend formula for chart analysis, DXJ.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||62.6325||52wk High Date||2018-01-16|
|52wk Low||50.971||52wk Low Date||2018-10-29|