Index Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
The Asia Dow (EUR) (INDEX:ADOWE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 ADOWE
The long term trend has been UP since Nov 4th, 2019 at 2796.72
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 2828.39
The short term trend has been UP since Dec 6th, 2019 at 2839.75
Smart Scan Analysis for ADOWE
Based on a pre-defined weighted trend formula for chart analysis, ADOWE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3007.33||52wk High Date||2018-01-23|
|52wk Low||2542.17||52wk Low Date||2018-10-26|