Index Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Dow Jones BRIC China 15 Index (USD) (INDEX:B50CND)
Sidelines Mode (+55) - B50CND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid B50CND?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50CND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B50CND
The long-term trend has been UP since Jun 8th, 2022 at 803.69
The intermediate-term trend has been DOWN since Jul 11th, 2022 at 747.94
The short-term trend has been UP since Aug 11th, 2022 at 683.39
Smart Scan Analysis for B50CND
Based on our trend formula, B50CND is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1200.6||52wk High Date||2018-01-29|
|52wk Low||794.01||52wk Low Date||2018-10-30|