Index Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Dorsey Wright US Sector Focus Five CAD NTR Index (NASDAQ:DWAUSDFFCADN)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Nov 4th, 2019 at 1281.91
The intermediate term trend has been UP since Oct 28th, 2019 at 1257.85
The short term trend has been UP since Jan 8th, 2020 at 1340.52
Smart Scan Analysis for DWAUSDFFCADN
Based on a pre-defined weighted trend formula for chart analysis, DWAUSDFFCADN scored +100 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|