Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Dow Jones Islamic Market Turkey Index (INDEX:DJIMTR)
Countertrend Up (+85) - DJIMTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DJIMTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJIMTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJIMTR
The long-term trend has been UP since May 18th, 2020 at 7811.99
The intermediate-term trend has been UP since Aug 27th, 2020 at 9147.52
The short-term trend has been DOWN since Sep 21st, 2020 at 8847.70
Smart Scan Analysis for DJIMTR
Based on our trend formula, DJIMTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7150.37||52wk High Date||2018-09-27|
|52wk Low||5906.17||52wk Low Date||2018-08-17|