Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Dow Jones Indonesia Index (USD) (INDEX:IDDOWD)
Bull Market Weakness (+75) - IDDOWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDDOWD as it may be in the beginning stages of a reversal.
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 Feb 24th, 2020 at 190.94
The intermediate-term trend has been UP since Apr 14th, 2020 at 127.11
The short-term trend has been UP since May 19th, 2020 at 125.07
Smart Scan Analysis for IDDOWD
Based on our trend formula, IDDOWD is rated as a +70 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|