Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Dow Jones Islamic Market India Index (USD) (INDEX:DJIMIND)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 Mar 6th, 2019 at 2529.99
The intermediate term trend has been DOWN since Jun 17th, 2019 at 2569.02
The short term trend has been DOWN since Jul 18th, 2019 at 2549.20
Smart Scan Analysis for DJIMIND
Based on a pre-defined weighted trend formula for chart analysis, DJIMIND scored -70 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|