Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
DJ BRIC INDIA 15 INDEX EURR (INDEX:B50INE)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 B50INE
The long term trend has been UP since Jan 25th, 2019 at 627.39
The intermediate term trend has been DOWN since May 7th, 2019 at 673.91
The short term trend has been DOWN since May 24th, 2019 at 680.21
Smart Scan Analysis for B50INE
Based on a pre-defined weighted trend formula for chart analysis, B50INE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||649.73||52wk High Date||2018-08-13|
|52wk Low||531.03||52wk Low Date||2018-10-11|