Index Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
Dow Jones Islamic Market Europe Small-Cap Index (INDEX:DJIEUS)
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 DJIEUS
The long term trend has been DOWN since Aug 15th, 2019 at 10849.15
The intermediate term trend has been UP since Sep 4th, 2019 at 11226.80
The short term trend has been DOWN since Sep 17th, 2019 at 11444.32
Smart Scan Analysis for DJIEUS
Based on a pre-defined weighted trend formula for chart analysis, DJIEUS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12562.75||52wk High Date||2018-01-25|
|52wk Low||9995.4||52wk Low Date||2018-11-20|