Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones Islamic Market Turkey Index (INDEX:DJIMTR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 DJIMTR
The long term trend has been DOWN since May 8th, 2019 at 6133.54
The intermediate term trend has been UP since Jun 7th, 2019 at 5933.98
The short term trend has been UP since Jul 17th, 2019 at 6408.17
Smart Scan Analysis for DJIMTR
Based on a pre-defined weighted trend formula for chart analysis, DJIMTR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7150.37||52wk High Date||2018-09-27|
|52wk Low||5906.17||52wk Low Date||2018-08-17|