Index Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
DJ BRIC BRAZIL 15 DR INDEX (INDEX:B15BDRD)
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 B15BDRD
The long term trend has been UP since Oct 3rd, 2018 at 518.54
The intermediate term trend has been DOWN since Feb 8th, 2019 at 559.44
The short term trend has been UP since Feb 12th, 2019 at 569.32
Smart Scan Analysis for B15BDRD
Based on a pre-defined weighted trend formula for chart analysis, B15BDRD scored +75 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|