Index Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
Dow Jones Islamic Market India Index (USD) (INDEX:DJIMIND)
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 DJIMIND
The long term trend has been UP since Oct 31st, 2019 at 2622.06
The intermediate term trend has been UP since Sep 12th, 2019 at 2473.40
The short term trend has been DOWN since Nov 5th, 2019 at 2612.81
Smart Scan Analysis for DJIMIND
Based on a pre-defined weighted trend formula for chart analysis, DJIMIND scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2836.95||52wk High Date||2018-01-24|
|52wk Low||2213.66||52wk Low Date||2018-10-26|