Index Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
Dow Jones Switzerland Index (INDEX:CHDOW)
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 CHDOW
The long term trend has been UP since Feb 5th, 2019 at 608.74
The intermediate term trend has been DOWN since Jul 12th, 2019 at 658.46
The short term trend has been UP since Aug 19th, 2019 at 657.88
Smart Scan Analysis for CHDOW
Based on a pre-defined weighted trend formula for chart analysis, CHDOW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||640.83||52wk High Date||2018-01-24|
|52wk Low||566.34||52wk Low Date||2018-06-27|