Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
DJ INDONESIA STOCK INDEX (INDEX:IDDOW)
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 IDDOW
The long term trend has been UP since Nov 16th, 2018 at 1362.62
The intermediate term trend has been UP since Mar 24th, 2019 at 1443.77
The short term trend has been DOWN since Mar 24th, 2019 at 1424.03
Smart Scan Analysis for IDDOW
Based on a pre-defined weighted trend formula for chart analysis, IDDOW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1525.28||52wk High Date||2018-02-20|
|52wk Low||1218.19||52wk Low Date||2018-07-04|