Index Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Dow Jones Mexico Index (INDEX:MXDOW)
Sidelines Mode (+55) - MXDOW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 26th, 2022 at 3248.48
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 3499.06
The short-term trend has been UP since Mar 22nd, 2023 at 3516.01
Smart Scan Analysis for MXDOW
Based on our trend formula, MXDOW is rated as a +55 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|