Index Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Dow Jones Islamic Market Financials Index (INDEX:DJIFIN)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 DJIFIN
The long term trend has been UP since Feb 1st, 2019 at 1833.66
The intermediate term trend has been UP since Jun 5th, 2019 at 2087.62
The short term trend has been UP since Jun 19th, 2019 at 2146.11
Smart Scan Analysis for DJIFIN
Based on a pre-defined weighted trend formula for chart analysis, DJIFIN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1920.18||52wk High Date||2018-09-21|
|52wk Low||1514.5||52wk Low Date||2017-12-05|