Index Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
Dow Jones Germany Select Dividend 20 Index (INDEX:DJDESD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJDESD
The long term trend has been DOWN since May 29th, 2019 at 237.11
The intermediate term trend has been UP since Sep 4th, 2019 at 233.13
The short term trend has been DOWN since Sep 17th, 2019 at 242.12
Smart Scan Analysis for DJDESD
Based on a pre-defined weighted trend formula for chart analysis, DJDESD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||304.12||52wk High Date||2018-01-23|
|52wk Low||243.22||52wk Low Date||2018-10-26|