Index Trend Analysis Report
Prepared for you on Tuesday, January 31, 2023.
Dow Jones Germany Index (INDEX:DEDOW)
Long-Term Uptrend (+90) - DEDOW is in a strong uptrend that is likely to continue. While DEDOW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DEDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for DEDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DEDOW
The long-term trend has been UP since Nov 11th, 2022 at 377.86
The intermediate-term trend has been UP since Jan 6th, 2023 at 389.24
The short-term trend has been UP since Jan 27th, 2023 at 407.40
Smart Scan Analysis for DEDOW
Based on our trend formula, DEDOW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||453.3||52wk High Date||2018-01-23|
|52wk Low||360.44||52wk Low Date||2018-11-20|