Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Dow Jones Islamic Market Turkey Index (INDEX:DJIMTR)
Long-Term Uptrend (+90) - DJIMTR is in a strong uptrend that is likely to continue. While DJIMTR 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 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 Nov 8th, 2021 at 9091.24
The intermediate-term trend has been UP since Jun 2nd, 2022 at 13639.04
The short-term trend has been UP since Jun 20th, 2022 at 13488.93
Smart Scan Analysis for DJIMTR
Based on our trend formula, DJIMTR is rated as a +90 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|