Index Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
Dow Jones Netherlands Titans 30 Index (EUR) (INDEX:NL30)
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 NL30
The long term trend has been DOWN since Aug 28th, 2019 at 539.68
The intermediate term trend has been UP since Aug 30th, 2019 at 570.89
The short term trend has been DOWN since Sep 17th, 2019 at 587.19
Smart Scan Analysis for NL30
Based on a pre-defined weighted trend formula for chart analysis, NL30 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||570.74||52wk High Date||2018-08-10|
|52wk Low||493.86||52wk Low Date||2018-10-26|