Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Dow Jones France Index (INDEX:FRDOW)
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.
MarketClub’s Trade Triangles for FRDOW
The long term trend has been UP since Feb 22nd, 2019 at 372.87
The intermediate term trend has been DOWN since Jul 30th, 2019 at 395.56
The short term trend has been DOWN since Aug 12th, 2019 at 381.75
Smart Scan Analysis for FRDOW
Based on a pre-defined weighted trend formula for chart analysis, FRDOW scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||404.62||52wk High Date||2018-05-21|
|52wk Low||352.71||52wk Low Date||2018-11-20|