Index Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
DJ CHILE STOCK INDEX (INDEX:CLDOW)
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 CLDOW
The long term trend has been UP since Jan 15th, 2019 at 892.27
The intermediate term trend has been DOWN since Feb 28th, 2019 at 888.61
The short term trend has been UP since Apr 17th, 2019 at 870.74
Smart Scan Analysis for CLDOW
Based on a pre-defined weighted trend formula for chart analysis, CLDOW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||998.34||52wk High Date||2018-02-01|
|52wk Low||822.49||52wk Low Date||2017-12-06|