Index Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
Dow Jones Europe Developed Markets Select Real Estate Securities Index (USD) (INDEX:DWEDRS)
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 DWEDRS
The long term trend has been DOWN since May 23rd, 2019 at 2888.11
The intermediate term trend has been DOWN since Apr 8th, 2019 at 2966.09
The short term trend has been UP since Aug 19th, 2019 at 2712.86
Smart Scan Analysis for DWEDRS
Based on a pre-defined weighted trend formula for chart analysis, DWEDRS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3560.88||52wk High Date||2018-01-25|
|52wk Low||2869.27||52wk Low Date||2018-11-20|