Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
Dow Jones Global Select Real Estate Securities Index Australian Dollar (INDEX:DWGRSA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DWGRSA
The long term trend has been UP since Jan 28th, 2019 at 3496.54
The intermediate term trend has been UP since Jun 13th, 2019 at 3809.41
The short term trend has been DOWN since Jun 5th, 2019 at 3691.82
Smart Scan Analysis for DWGRSA
Based on a pre-defined weighted trend formula for chart analysis, DWGRSA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3569.86||52wk High Date||2018-09-11|
|52wk Low||2968.98||52wk Low Date||2018-02-12|