Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Dow Jones France Index (USD) (INDEX:FRDOWD)
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 FRDOWD
The long term trend has been UP since Feb 26th, 2019 at 336.72
The intermediate term trend has been DOWN since Jul 18th, 2019 at 352.24
The short term trend has been UP since Jul 19th, 2019 at 355.73
Smart Scan Analysis for FRDOWD
Based on a pre-defined weighted trend formula for chart analysis, FRDOWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||389.56||52wk High Date||2018-01-26|
|52wk Low||317.21||52wk Low Date||2018-11-20|