Index Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
Dow Jones Chile Index (INDEX:CLDOW)
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 CLDOW
The long term trend has been DOWN since Nov 6th, 2019 at 749.31
The intermediate term trend has been UP since Nov 18th, 2019 at 808.13
The short term trend has been UP since Dec 4th, 2019 at 747.57
Smart Scan Analysis for CLDOW
Based on a pre-defined weighted trend formula for chart analysis, CLDOW scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||998.34||52wk High Date||2018-02-01|
|52wk Low||822.49||52wk Low Date||2017-12-06|