Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones Brookfield Global Infrastructure Total Return Index (CAD) (INDEX:DJBGICT)
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 DJBGICT
The long term trend has been UP since Jan 22nd, 2019 at 4777.77
The intermediate term trend has been DOWN since Jun 27th, 2019 at 5303.91
The short term trend has been DOWN since Jul 12th, 2019 at 5416.90
Smart Scan Analysis for DJBGICT
Based on a pre-defined weighted trend formula for chart analysis, DJBGICT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4860.61||52wk High Date||2018-07-20|
|52wk Low||4221.6||52wk Low Date||2018-02-09|