Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Dow Jones BRIC 50 Index (EUR) (INDEX:BRIC50E)
Weak Downtrend (-65) - BRIC50E is showing signs of a strengthening downtrend. Monitor BRIC50E as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BRIC50E?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRIC50E.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BRIC50E
The long-term trend has been UP since Nov 16th, 2021 at 717.10
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 678.41
The short-term trend has been DOWN since Nov 18th, 2021 at 707.38
Smart Scan Analysis for BRIC50E
Based on our trend formula, BRIC50E is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||667.18||52wk High Date||2018-01-29|
|52wk Low||530.23||52wk Low Date||2018-10-11|