Index Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
Dow Jones Switzerland Index (INDEX:CHDOW)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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 CHDOW
The long term trend has been UP since Feb 5th, 2019 at 608.74
The intermediate term trend has been UP since Jan 17th, 2020 at 720.54
The short term trend has been DOWN since Jan 27th, 2020 at 725.42
Smart Scan Analysis for CHDOW
Based on a pre-defined weighted trend formula for chart analysis, CHDOW scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||640.83||52wk High Date||2018-01-24|
|52wk Low||566.34||52wk Low Date||2018-06-27|