Index Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Dow Jones Sustainability Chile Index (CME:DJSCLUP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DJSCLUP
The long term trend has been DOWN since May 2nd, 2019 at 1262.51
The intermediate term trend has been UP since Dec 13th, 2019 at 1043.88
The short term trend has been DOWN since Jan 14th, 2020 at 1030.31
Smart Scan Analysis for DJSCLUP
Based on a pre-defined weighted trend formula for chart analysis, DJSCLUP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).