Index Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Dow Jones SAFE India Index (INR) (INDEX:DJSFIN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJSFIN
The long term trend has been UP since Feb 1st, 2019 at 3856.07
The intermediate term trend has been DOWN since Jun 17th, 2019 at 4115.84
The short term trend has been UP since Jun 20th, 2019 at 4154.33
Smart Scan Analysis for DJSFIN
Based on a pre-defined weighted trend formula for chart analysis, DJSFIN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4137.67||52wk High Date||2018-08-29|
|52wk Low||3433.63||52wk Low Date||2017-12-06|