Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Dow Jones Europe Index (INDEX:E1DOW)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 E1DOW
The long term trend has been UP since Oct 30th, 2019 at 331.23
The intermediate term trend has been DOWN since Jan 27th, 2020 at 345.12
The short term trend has been UP since Feb 4th, 2020 at 344.23
Smart Scan Analysis for E1DOW
Based on a pre-defined weighted trend formula for chart analysis, E1DOW scored +65 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|