Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Dow Jones Indonesia Index (USD) (INDEX:IDDOWD)
Long-Term Downtrend (-90) - IDDOWD is in a strong downtrend that is likely to continue. While IDDOWD 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 IDDOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDDOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDDOWD
The long-term trend has been DOWN since Jun 13th, 2022 at 183.19
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 183.56
The short-term trend has been DOWN since Jun 17th, 2022 at 181.04
Smart Scan Analysis for IDDOWD
Based on our trend formula, IDDOWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||226.7||52wk High Date||2018-01-29|
|52wk Low||159.93||52wk Low Date||2018-10-25|