Index Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Dow Jones Sustainability Eurozone 40 Index (EUR) (INDEX:DJSEZ40)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 DJSEZ40
The long term trend has been DOWN since Aug 15th, 2019 at 1543.18
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 1635.07
The short term trend has been UP since Aug 19th, 2019 at 1588.26
Smart Scan Analysis for DJSEZ40
Based on a pre-defined weighted trend formula for chart analysis, DJSEZ40 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1763.99||52wk High Date||2018-01-23|
|52wk Low||1484.2||52wk Low Date||2018-10-26|