Index Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
Dow Jones Sustainability Eurozone 40 Index (EUR) (INDEX:DJSEZ40)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 UP since Sep 30th, 2019 at 1694.62
The intermediate term trend has been DOWN since Dec 2nd, 2019 at 1735.66
The short term trend has been DOWN since Dec 10th, 2019 at 1743.32
Smart Scan Analysis for DJSEZ40
Based on a pre-defined weighted trend formula for chart analysis, DJSEZ40 scored +60 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|