Index Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
Dow Jones Philippines Index (USD) (INDEX:PHDOWD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 PHDOWD
The long term trend has been UP since Jun 3rd, 2019 at 407.26
The intermediate term trend has been UP since Sep 9th, 2019 at 397.06
The short term trend has been DOWN since Sep 17th, 2019 at 392.74
Smart Scan Analysis for PHDOWD
Based on a pre-defined weighted trend formula for chart analysis, PHDOWD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||458.25||52wk High Date||2018-01-26|
|52wk Low||326.63||52wk Low Date||2018-10-11|