Index Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
Dow Jones Sweden Titans 30 Index (INDEX:SE30)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SE30
The long term trend has been UP since Sep 13th, 2019 at 1286.29
The intermediate term trend has been DOWN since Jan 27th, 2020 at 1370.46
The short term trend has been DOWN since Jan 23rd, 2020 at 1394.89
Smart Scan Analysis for SE30
Based on a pre-defined weighted trend formula for chart analysis, SE30 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1285.54||52wk High Date||2018-09-28|
|52wk Low||1090.77||52wk Low Date||2018-11-20|