Index Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
DJ BRIC CHINA 15 INDEX USDSD (INDEX:B50CND)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 B50CND
The long term trend has been DOWN since Apr 4th, 2018 at 1018.10
The intermediate term trend has been UP since Jan 9th, 2019 at 863.30
The short term trend has been DOWN since Jan 22nd, 2019 at 884.66
Smart Scan Analysis for B50CND
Based on a pre-defined weighted trend formula for chart analysis, B50CND scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1200.6||52wk High Date||2018-01-29|
|52wk Low||794.01||52wk Low Date||2018-10-30|