Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
DJ GERMANY TITANS 30 INDEX (EUROS) (INDEX:DE30)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DE30
The long term trend has been DOWN since Dec 20th, 2018 at 405.74
The intermediate term trend has been DOWN since Mar 22nd, 2019 at 434.06
The short term trend has been DOWN since Mar 21st, 2019 at 441.82
Smart Scan Analysis for DE30
Based on a pre-defined weighted trend formula for chart analysis, DE30 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||531.57||52wk High Date||2018-01-23|
|52wk Low||421.66||52wk Low Date||2018-10-26|