Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Dow Jones U.K. Titans 50 Index (USD) (INDEX:UK50D)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 UK50D
The long term trend has been UP since Nov 4th, 2019 at 203.05
The intermediate term trend has been DOWN since Jan 21st, 2020 at 209.69
The short term trend has been UP since Feb 12th, 2020 at 206.70
Smart Scan Analysis for UK50D
Based on a pre-defined weighted trend formula for chart analysis, UK50D scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||234.51||52wk High Date||2018-01-25|
|52wk Low||189.07||52wk Low Date||2018-10-26|