Index Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
The Europe Dow (EUR) (INDEX:EDOWE)
Strong Downtrend (-100) - EDOWE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EDOWE continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EDOWE?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDOWE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EDOWE
The long-term trend has been DOWN since Mar 4th, 2022 at 1605.85
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1689.44
The short-term trend has been DOWN since May 19th, 2022 at 1629.32
Smart Scan Analysis for EDOWE
Based on our trend formula, EDOWE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1559.28||52wk High Date||2018-01-23|
|52wk Low||1271.84||52wk Low Date||2018-10-26|