Index Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
DJ BRIC BRAZIL 15 DR INDEX (INDEX:B15BDRD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 B15BDRD
The long term trend has been DOWN since May 10th, 2019 at 526.99
The intermediate term trend has been DOWN since Mar 22nd, 2019 at 537.72
The short term trend has been UP since May 21st, 2019 at 493.68
Smart Scan Analysis for B15BDRD
Based on a pre-defined weighted trend formula for chart analysis, B15BDRD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||632.61||52wk High Date||2018-02-27|
|52wk Low||420.94||52wk Low Date||2018-09-05|