Index Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
Dow Jones Islamic Market Financials Index (INDEX:DJIFIN)
Sidelines Mode (-55) - DJIFIN 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 DJIFIN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIFIN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIFIN
The long-term trend has been DOWN since Jan 24th, 2022 at 2839.98
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 2626.43
The short-term trend has been UP since Jun 22nd, 2022 at 2540.22
Smart Scan Analysis for DJIFIN
Based on our trend formula, DJIFIN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1920.18||52wk High Date||2018-09-21|
|52wk Low||1514.5||52wk Low Date||2017-12-05|