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Index Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Guggenheim RBP Islamic Market U.S. 50 Index (CME:DRIMR50)

Strong Downtrend (-100) - DRIMR50 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DRIMR50 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DRIMR50?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRIMR50.

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

CME_DRIMR50
Open High Low DRIMR50 Price Change
18899.87 19182.48 18435.27 18621.47 -79.04
Entry Signal

MarketClub’s Trade Triangles for DRIMR50

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 18839.35

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2022 at 20619.93

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 20176.15

Smart Scan Analysis for DRIMR50

Based on our trend formula, DRIMR50 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for DRIMR50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18899.87 19182.48 18435.27 18621.47 -79.04
Prev. Close Volume Bid Ask Time
18700.51 0 2022-01-26 17:55:46
52wk High12294.6552wk High Date2018-10-01
52wk Low10025.1852wk Low Date2018-02-09
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