Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
DWA Switzerland Momentum & Low Volatility (NASDAQ:DWAMLVCH)
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 DWAMLVCH
The long term trend has been UP since Jan 8th, 2019 at 1066.12
The intermediate term trend has been UP since Dec 9th, 2019 at 1260.91
The short term trend has been DOWN since Jan 27th, 2020 at 1352.26
Smart Scan Analysis for DWAMLVCH
Based on a pre-defined weighted trend formula for chart analysis, DWAMLVCH scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).