Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Dow Jones BRIC China 15 Index (EUR) (INDEX:B50CNE)
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 B50CNE
The long term trend has been UP since Nov 5th, 2019 at 862.27
The intermediate term trend has been UP since Oct 15th, 2019 at 843.24
The short term trend has been DOWN since Nov 11th, 2019 at 868.34
Smart Scan Analysis for B50CNE
Based on a pre-defined weighted trend formula for chart analysis, B50CNE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1015.65||52wk High Date||2018-01-29|
|52wk Low||732.36||52wk Low Date||2018-10-30|