Index Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
Dow Jones BRIC India 15 Capped Net Total Return Index (USD) (INDEX:B50INCDN)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 Aug 28th, 2019 at 1206.13
The intermediate term trend has been DOWN since Sep 17th, 2019 at 1064.90
The short term trend has been DOWN since Sep 16th, 2019 at 1088.78
Smart Scan Analysis for B50INCDN
Based on a pre-defined weighted trend formula for chart analysis, B50INCDN scored -60 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|