Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
Dow Jones Global Select Real Estate Securities Total Return Gross Index Australian Dollar (INDEX:DWGRSAT)
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 DWGRSAT
The long term trend has been UP since Jan 24th, 2019 at 10308.99
The intermediate term trend has been UP since Jun 13th, 2019 at 11452.06
The short term trend has been DOWN since Jun 5th, 2019 at 11107.68
Smart Scan Analysis for DWGRSAT
Based on a pre-defined weighted trend formula for chart analysis, DWGRSAT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10439.35||52wk High Date||2018-09-11|
|52wk Low||8464.96||52wk Low Date||2018-02-12|