Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2019.
Dow Jones BRIC China 15 DR Total Return Index (USD) (INDEX:B15CDRDT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 B15CDRDT
The long term trend has been UP since Nov 4th, 2019 at 1430.91
The intermediate term trend has been UP since Oct 15th, 2019 at 1394.03
The short term trend has been DOWN since Nov 21st, 2019 at 1434.39
Smart Scan Analysis for B15CDRDT
Based on a pre-defined weighted trend formula for chart analysis, B15CDRDT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1820.19||52wk High Date||2018-01-29|
|52wk Low||1235.62||52wk Low Date||2018-10-30|