Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Dow Jones Sustainability Korea 20 Index (KRW) (INDEX:K20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 K20
The long term trend has been DOWN since Dec 26th, 2018 at 1124.46
The intermediate term trend has been UP since Sep 4th, 2019 at 1065.93
The short term trend has been UP since Aug 29th, 2019 at 1049.46
Smart Scan Analysis for K20
Based on a pre-defined weighted trend formula for chart analysis, K20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1420.81||52wk High Date||2018-01-30|
|52wk Low||1124.46||52wk Low Date||2018-10-31|