Index Trend Analysis Report
Prepared for you on Monday, January 18, 2021.
Dow Jones MENA ex-Saudi Index (USD) (INDEX:DJMENXD)
Strong Uptrend (+100) - DJMENXD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJMENXD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DJMENXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJMENXD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJMENXD
The long-term trend has been UP since Jul 13th, 2020 at 529.41
The intermediate-term trend has been UP since Nov 9th, 2020 at 562.28
The short-term trend has been UP since Jan 4th, 2021 at 588.12
Smart Scan Analysis for DJMENXD
Based on our trend formula, DJMENXD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||613.26||52wk High Date||2018-01-25|
|52wk Low||557.81||52wk Low Date||2017-12-11|