Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Dow Jones Mexico Index (INDEX:MXDOW)

Crossroads (-60) - MXDOW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MXDOW?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXDOW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_MXDOW
Open High Low MXDOW Price Change
3681.30 3684.30 3678.72 3681.32 +0.01
Entry Signal

MarketClub’s Trade Triangles for MXDOW

long term up The long-term trend has been UP since Dec 4th, 2023 at 3607.82

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 3741.01

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 3823.03

Smart Scan Analysis for MXDOW

Based on our trend formula, MXDOW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MXDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3681.30 3684.30 3678.72 3681.32 +0.01
Prev. Close Volume Bid Ask Time
3681.31 0 2024-04-18 05:37:58
52wk High3379.1152wk High Date2018-01-26
52wk Low2606.9652wk Low Date2018-11-26
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