Index Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Indus India Index (CME:III)
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 III
The long term trend has been UP since Mar 6th, 2019 at 1552.79
The intermediate term trend has been DOWN since Jun 17th, 2019 at 1627.56
The short term trend has been UP since Jun 20th, 2019 at 1632.71
Smart Scan Analysis for III
Based on a pre-defined weighted trend formula for chart analysis, III scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1772.94||52wk High Date||2018-01-29|
|52wk Low||1349.58||52wk Low Date||2018-10-26|