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Index Trend Analysis Report

Prepared for you on Wednesday, January 23, 2019.

S&P SRI LANKA 20 INDEX (LKR) (CME:SPLK20LP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

CME_SPLK20LP
Open High Low SPLK20LP Price Change
3045.32 3057.38 3030.70 3032.73 -12.59
Entry Signal

MarketClub’s Trade Triangles for SPLK20LP

long term down The long term trend has been DOWN since Dec 19th, 2017 at 3653.76

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2018 at 3116.98

short term down The short term trend has been DOWN since Jan 23rd, 2019 at 3045.32

Smart Scan Analysis for SPLK20LP

Based on a pre-defined weighted trend formula for chart analysis, SPLK20LP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPLK20LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3045.32 3057.38 3030.70 3032.73 -12.59
Prev. Close Volume Bid Ask Time
3032.73 0 2019-01-23 04:47:17
52wk High3817.0352wk High Date2018-01-09
52wk Low2898.0752wk Low Date2018-10-19
Want to analyze S&P SRI LANKA 20 INDEX (LKR) SPLK20LP or another symbol? Try our Free Index Trend Analysis Report.