Index Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
Dow Jones Islamic Market Asia/Pacific Mid-Cap Index (INDEX:DJIAPM)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJIAPM
The long term trend has been UP since Sep 13th, 2019 at 2144.13
The intermediate term trend has been UP since Aug 30th, 2019 at 2077.57
The short term trend has been UP since Dec 6th, 2019 at 2242.59
Smart Scan Analysis for DJIAPM
Based on a pre-defined weighted trend formula for chart analysis, DJIAPM scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2553.53||52wk High Date||2018-01-29|
|52wk Low||1911.65||52wk Low Date||2018-10-30|