Index Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
DJ EUROPE STOCK INDEX (INDEX:E1DOW)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 E1DOW
The long term trend has been DOWN since Mar 23rd, 2018 at 336.27
The intermediate term trend has been UP since Jan 7th, 2019 at 293.57
The short term trend has been DOWN since Feb 15th, 2019 at 306.89
Smart Scan Analysis for E1DOW
Based on a pre-defined weighted trend formula for chart analysis, E1DOW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||374.7||52wk High Date||2018-01-25|
|52wk Low||296.49||52wk Low Date||2018-10-26|