Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Dow Jones Mexico Index (INDEX:MXDOW)
Bear Market Rally (-75) - MXDOW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXDOW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MXDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXDOW
The long-term trend has been DOWN since Feb 27th, 2020 at 2792.25
The intermediate-term trend has been UP since Apr 28th, 2020 at 2334.90
The short-term trend has been DOWN since May 13th, 2020 at 2431.35
Smart Scan Analysis for MXDOW
Based on our trend formula, MXDOW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3379.11||52wk High Date||2018-01-26|
|52wk Low||2606.96||52wk Low Date||2018-11-26|