Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
THE EUROPE DOW TOTAL RETURN (EUR) (INDEX:EDOWR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 EDOWR
The long term trend has been UP since Feb 15th, 2019 at 2247.89
The intermediate term trend has been DOWN since May 6th, 2019 at 2393.99
The short term trend has been UP since May 16th, 2019 at 2339.12
Smart Scan Analysis for EDOWR
Based on a pre-defined weighted trend formula for chart analysis, EDOWR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2512.53||52wk High Date||2018-01-23|
|52wk Low||2112.94||52wk Low Date||2018-10-26|