Index Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
Dow Jones SAFE India Index (USD) (INDEX:DJSFIND)
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 DJSFIND
The long term trend has been UP since Mar 6th, 2019 at 2518.66
The intermediate term trend has been DOWN since Jun 17th, 2019 at 2707.14
The short term trend has been DOWN since Jun 7th, 2019 at 2746.71
Smart Scan Analysis for DJSFIND
Based on a pre-defined weighted trend formula for chart analysis, DJSFIND scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2753.6||52wk High Date||2018-01-29|
|52wk Low||2183.49||52wk Low Date||2018-10-31|