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Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

Dow Jones Europe ex-U.K. Basic Materials Index (INDEX:E2BSC)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

INDEX_E2BSC
Open High Low E2BSC Price Change
610.02 612.22 606.55 609.04 -1.37
Entry Signal

MarketClub’s Trade Triangles for E2BSC

long term up The long term trend has been UP since Sep 11th, 2019 at 582.55

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2019 at 604.16

short term down The short term trend has been DOWN since Dec 10th, 2019 at 606.50

Smart Scan Analysis for E2BSC

Based on a pre-defined weighted trend formula for chart analysis, E2BSC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for E2BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
610.02 612.22 606.55 609.04 -1.37
Prev. Close Volume Bid Ask Time
610.74 0 2019-12-11 06:22:08
52wk High794.7852wk High Date2018-01-25
52wk Low552.1452wk Low Date2018-11-28
Want to analyze Dow Jones Europe ex-U.K. Basic Materials Index E2BSC or another symbol? Try our Free Index Trend Analysis Report.