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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

The Europe Dow (EUR) (INDEX:EDOWE)

Countertrend Up (+85) - EDOWE 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 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.

Open High Low EDOWE Price Change
2126.68 2129.10 2117.96 2128.00 -0.36
Entry Signal

MarketClub’s Trade Triangles for EDOWE

long term up The long-term trend has been UP since Dec 1st, 2023 at 1884.97

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 2076.04

short term down The short-term trend has been DOWN since May 17th, 2024 at 2125.36

Smart Scan Analysis for EDOWE

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

Smart Scan Analysis for EDOWE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2126.68 2129.10 2117.96 2128.00 -0.36
Prev. Close Volume Bid Ask Time
2128.00 0 2024-05-17 12:38:01
52wk High1559.2852wk High Date2018-01-23
52wk Low1271.8452wk Low Date2018-10-26
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