Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Dow Jones Brookfield Global Infrastructure Index (EUR) (INDEX:DJBGIE)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DJBGIE
The long term trend has been DOWN since Dec 2nd, 2019 at 3685.75
The intermediate term trend has been DOWN since Oct 29th, 2019 at 3718.46
The short term trend has been UP since Dec 6th, 2019 at 3683.97
Smart Scan Analysis for DJBGIE
Based on a pre-defined weighted trend formula for chart analysis, DJBGIE scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3308.38||52wk High Date||2018-08-10|
|52wk Low||2855.44||52wk Low Date||2018-03-26|