Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Dow Jones Islamic Market World Emerging Markets Index (INDEX:DJIEMG)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJIEMG
The long term trend has been DOWN since May 17th, 2019 at 2365.81
The intermediate term trend has been UP since Jun 10th, 2019 at 2356.25
The short term trend has been DOWN since Jul 18th, 2019 at 2447.24
Smart Scan Analysis for DJIEMG
Based on a pre-defined weighted trend formula for chart analysis, DJIEMG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2942.66||52wk High Date||2018-01-29|
|52wk Low||2122.45||52wk Low Date||2018-10-30|