Index Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
Dow Jones Commodity Index Gold (INDEX:DJCIGC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 DJCIGC
The long term trend has been UP since Jun 3rd, 2019 at 459.0124
The intermediate term trend has been UP since May 12th, 2019 at 447.1133
The short term trend has been DOWN since Aug 19th, 2019 at 522.8591
Smart Scan Analysis for DJCIGC
Based on a pre-defined weighted trend formula for chart analysis, DJCIGC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||473.239||52wk High Date||2018-01-25|
|52wk Low||403.0387||52wk Low Date||2018-08-16|