Index Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
Dorsey Wright International Focus Five Total Retur (NASDAQ:DWANQIFFT)
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 DWANQIFFT
The long term trend has been DOWN since Aug 15th, 2019 at 983.59
The intermediate term trend has been UP since Oct 17th, 2019 at 1041.89
The short term trend has been UP since Oct 11th, 2019 at 1017.83
Smart Scan Analysis for DWANQIFFT
Based on a pre-defined weighted trend formula for chart analysis, DWANQIFFT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).