Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
Dow Jones BRIC India 15 Capped Net Total Return Index (USD) (INDEX:B50INCDN)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 B50INCDN
The long term trend has been UP since Feb 1st, 2019 at 1069.23
The intermediate term trend has been DOWN since Jun 17th, 2019 at 1158.86
The short term trend has been DOWN since Jun 13th, 2019 at 1177.65
Smart Scan Analysis for B50INCDN
Based on a pre-defined weighted trend formula for chart analysis, B50INCDN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1123.01||52wk High Date||2018-01-29|
|52wk Low||916.46||52wk Low Date||2018-10-26|