Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
India ADR/GDR 15 Index (CME:INDIA15P)
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 INDIA15P
The long term trend has been DOWN since Aug 5th, 2019 at 2428.31
The intermediate term trend has been DOWN since Jul 19th, 2019 at 2651.24
The short term trend has been UP since Aug 16th, 2019 at 2396.03
Smart Scan Analysis for INDIA15P
Based on a pre-defined weighted trend formula for chart analysis, INDIA15P scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2776.2||52wk High Date||2018-09-04|
|52wk Low||2053.16||52wk Low Date||2018-10-26|