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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.

INDEX_B50DRD
Open High Low B50DRD Price Change
744.53 746.78 744.53 746.37 +3.57
Entry Signal

MarketClub’s Trade Triangles for B50DRD

long term up The long-term trend has been UP since Jul 2nd, 2020 at 704.17

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 589.65

short term up 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).

+90
Smart Scan Analysis for B50DRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
744.53 746.78 744.53 746.37 +3.57
Prev. Close Volume Bid Ask Time
667.32 0 2020-08-05 08:52:53
52wk High837.2152wk High Date2018-01-29
52wk Low61452wk Low Date2018-10-30
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