Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Dow Jones Mexico Index (USD) (INDEX:MXDOWD)
Long-Term Uptrend (+90) - MXDOWD is in a strong uptrend that is likely to continue. While MXDOWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MXDOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXDOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXDOWD
The long-term trend has been UP since Oct 8th, 2020 at 363.62
The intermediate-term trend has been UP since Mar 10th, 2021 at 458.85
The short-term trend has been UP since Apr 14th, 2021 at 489.29
Smart Scan Analysis for MXDOWD
Based on our trend formula, MXDOWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||561.68||52wk High Date||2018-01-25|
|52wk Low||387.75||52wk Low Date||2018-11-26|