Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Dow Jones U.K. Titans 50 Index (EUR) (INDEX:UK50E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UK50E
The long term trend has been UP since Nov 4th, 2019 at 243.99
The intermediate term trend has been UP since Oct 24th, 2019 at 241.78
The short term trend has been DOWN since Nov 15th, 2019 at 244.07
Smart Scan Analysis for UK50E
Based on a pre-defined weighted trend formula for chart analysis, UK50E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||256.16||52wk High Date||2018-05-22|
|52wk Low||222.57||52wk Low Date||2018-10-26|