Index Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
Dow Jones Belgium Index (INDEX:BEDOW)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 BEDOW
The long term trend has been UP since Mar 1st, 2019 at 500.44
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 544.13
The short term trend has been DOWN since Dec 2nd, 2019 at 549.31
Smart Scan Analysis for BEDOW
Based on a pre-defined weighted trend formula for chart analysis, BEDOW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||610.67||52wk High Date||2018-01-10|
|52wk Low||473.13||52wk Low Date||2018-10-26|