Index Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
INDIA TOTAL RETURN ADR/GDR 15 INDEX (CME:INDIA15)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 INDIA15
The long term trend has been UP since Jan 21st, 2019 at 2733.17
The intermediate term trend has been UP since Mar 5th, 2019 at 2746.32
The short term trend has been UP since Feb 20th, 2019 at 2674.12
Smart Scan Analysis for INDIA15
Based on a pre-defined weighted trend formula for chart analysis, INDIA15 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2912.66||52wk High Date||2018-01-29|
|52wk Low||2357||52wk Low Date||2018-10-26|