Index Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Dow Jones Taiwan Index (INDEX:TWDOW)
Crossroads (+60) - TWDOW 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 TWDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDOW
The long-term trend has been DOWN since Feb 3rd, 2020 at 270.72
The intermediate-term trend has been UP since Apr 6th, 2020 at 231.71
The short-term trend has been UP since May 26th, 2020 at 261.90
Smart Scan Analysis for TWDOW
Based on our trend formula, TWDOW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||269.28||52wk High Date||2018-01-23|
|52wk Low||219.73||52wk Low Date||2018-10-26|