Index Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
DJ BRIC INDIA 15 DR INDEX USD (INDEX:B15IDRD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 B15IDRD
The long term trend has been UP since Jan 18th, 2019 at 761.09
The intermediate term trend has been UP since May 23rd, 2019 at 852.64
The short term trend has been DOWN since May 23rd, 2019 at 847.26
Smart Scan Analysis for B15IDRD
Based on a pre-defined weighted trend formula for chart analysis, B15IDRD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||891.48||52wk High Date||2018-09-04|
|52wk Low||658.55||52wk Low Date||2018-10-25|