Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
Dow Jones BRIC 50 DR Index (USD) (INDEX:B50DRD)
Long-Term Uptrend (+90) - B50DRD is in a strong uptrend that is likely to continue. While B50DRD 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 B50DRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50DRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B50DRD
The long-term trend has been UP since Jul 2nd, 2020 at 704.17
The intermediate-term trend has been UP since Apr 7th, 2020 at 589.65
The short-term trend has been UP since Aug 4th, 2020 at 738.39
Smart Scan Analysis for B50DRD
Based on our trend formula, B50DRD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||837.21||52wk High Date||2018-01-29|
|52wk Low||614||52wk Low Date||2018-10-30|