Index Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
Dorsey Wright US Sector Focus Five CAD NTR Index (NASDAQ:DWAUSDFFCADN)
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 DWAUSDFFCADN
The long term trend has been UP since Feb 15th, 2019 at 1207.71
The intermediate term trend has been DOWN since Aug 6th, 2019 at 1265.21
The short term trend has been UP since Aug 19th, 2019 at 1252.45
Smart Scan Analysis for DWAUSDFFCADN
Based on a pre-defined weighted trend formula for chart analysis, DWAUSDFFCADN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1285.04||52wk High Date||2018-09-14|
|52wk Low||1091.85||52wk Low Date||2018-02-09|