Index Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
Dow Jones BRIC Russia 5 Index (USD) (INDEX:B50RUD)
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 B50RUD
The long term trend has been UP since Jan 23rd, 2019 at 291.19
The intermediate term trend has been UP since May 21st, 2019 at 319.26
The short term trend has been DOWN since Jun 18th, 2019 at 342.47
Smart Scan Analysis for B50RUD
Based on a pre-defined weighted trend formula for chart analysis, B50RUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||348.88||52wk High Date||2018-02-26|
|52wk Low||243.56||52wk Low Date||2018-09-10|