Index Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
DJ EMERGING MARKETS SELECT DIVIDEND EUR (INDEX:DJEMDIVE)
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 DJEMDIVE
The long term trend has been UP since Dec 2nd, 2018 at 1593.08
The intermediate term trend has been DOWN since Feb 28th, 2019 at 1679.99
The short term trend has been DOWN since Mar 20th, 2019 at 1680.21
Smart Scan Analysis for DJEMDIVE
Based on a pre-defined weighted trend formula for chart analysis, DJEMDIVE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1741.42||52wk High Date||2018-01-29|
|52wk Low||1499.27||52wk Low Date||2018-10-12|