Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Dow Jones BRIC 50 DR Index (EUR) (INDEX:B50DRE)
Sidelines Mode (-55) - B50DRE 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 B50DRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50DRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B50DRE
The long-term trend has been DOWN since Feb 28th, 2020 at 665.78
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 685.39
The short-term trend has been UP since Apr 3rd, 2020 at 556.64
Smart Scan Analysis for B50DRE
Based on our trend formula, B50DRE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||708.24||52wk High Date||2018-01-29|
|52wk Low||564.76||52wk Low Date||2018-10-11|