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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Dow Jones Europe ex-U.K. Basic Materials Index (INDEX:E2BSC)

Countertrend Up (+85) - E2BSC 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 E2BSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for E2BSC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_E2BSC
Open High Low E2BSC Price Change
665.58 666.47 665.28 666.19 +0.54
Entry Signal

MarketClub’s Trade Triangles for E2BSC

long term up The long-term trend has been UP since Dec 7th, 2023 at 622.58

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2024 at 631.39

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 665.33

Smart Scan Analysis for E2BSC

Based on our trend formula, E2BSC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for E2BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
665.58 666.47 665.28 666.19 +0.54
Prev. Close Volume Bid Ask Time
665.65 0 2024-03-29 07:01:10
52wk High794.7852wk High Date2018-01-25
52wk Low552.1452wk Low Date2018-11-28
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