Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
Dow Jones Islamic Market Europe Index (INDEX:DJIEU)
Long-Term Uptrend (+90) - DJIEU is in a strong uptrend that is likely to continue. While DJIEU 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 DJIEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIEU
The long-term trend has been UP since Nov 9th, 2020 at 4568.30
The intermediate-term trend has been UP since Nov 9th, 2020 at 4524.72
The short-term trend has been UP since Jan 20th, 2021 at 4871.00
Smart Scan Analysis for DJIEU
Based on our trend formula, DJIEU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3933.2||52wk High Date||2018-01-25|
|52wk Low||3275.27||52wk Low Date||2018-10-26|