Index Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
BNY MELLON TAIWAN DR INDEX (CME:BKDTW)
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 BKDTW
The long term trend has been DOWN since Oct 18th, 2018 at 2260.91
The intermediate term trend has been UP since Jan 24th, 2019 at 2125.36
The short term trend has been UP since Feb 19th, 2019 at 2172.76
Smart Scan Analysis for BKDTW
Based on a pre-defined weighted trend formula for chart analysis, BKDTW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2821.43||52wk High Date||2018-01-23|
|52wk Low||2031.88||52wk Low Date||2018-11-20|