Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Dow Jones Chile Index (INDEX:CLDOW)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 CLDOW
The long term trend has been DOWN since Nov 6th, 2019 at 749.31
The intermediate term trend has been DOWN since Jan 23rd, 2020 at 754.66
The short term trend has been DOWN since Feb 10th, 2020 at 755.10
Smart Scan Analysis for CLDOW
Based on a pre-defined weighted trend formula for chart analysis, CLDOW scored -70 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|