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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Dow Jones BRIC 50 Index (USD) (INDEX:BRIC50D)

Bull Market Weakness (+75) - BRIC50D is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRIC50D as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BRIC50D?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRIC50D.

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

INDEX_BRIC50D
Open High Low BRIC50D Price Change
583.56 584.37 581.94 582.37 +0.13
Entry Signal

MarketClub’s Trade Triangles for BRIC50D

long term up The long-term trend has been UP since Apr 9th, 2024 at 544.49

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 548.57

short term down The short-term trend has been DOWN since May 21st, 2024 at 584.21

Smart Scan Analysis for BRIC50D

Based on our trend formula, BRIC50D is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BRIC50D
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
583.56 584.37 581.94 582.37 +0.13
Prev. Close Volume Bid Ask Time
582.24 0 2024-05-22 08:13:38
52wk High788.6752wk High Date2018-01-29
52wk Low576.5552wk Low Date2018-10-30
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