Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Dow Jones Denmark Index (USD) (INDEX:DKDOWD)
Long-Term Downtrend (-90) - DKDOWD is in a strong downtrend that is likely to continue. While DKDOWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DKDOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKDOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKDOWD
The long-term trend has been DOWN since Dec 20th, 2021 at 1779.84
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 1575.58
The short-term trend has been DOWN since Aug 16th, 2022 at 1610.00
Smart Scan Analysis for DKDOWD
Based on our trend formula, DKDOWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1192.37||52wk High Date||2018-01-25|
|52wk Low||931.23||52wk Low Date||2018-10-26|