Index Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
Dow Jones South Korea Index (USD) (INDEX:KRDOWD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 KRDOWD
The long term trend has been DOWN since Jan 3rd, 2019 at 299.98
The intermediate term trend has been DOWN since Jul 7th, 2019 at 301.91
The short term trend has been UP since Jul 11th, 2019 at 306.09
Smart Scan Analysis for KRDOWD
Based on a pre-defined weighted trend formula for chart analysis, KRDOWD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||424.89||52wk High Date||2018-01-29|
|52wk Low||298.49||52wk Low Date||2018-10-30|