Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Dow Jones Malaysia Index (INDEX:MYDOW)
Long-Term Uptrend (+90) - MYDOW is in a strong uptrend that is likely to continue. While MYDOW 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 MYDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYDOW
The long-term trend has been UP since Jun 2nd, 2020 at 284.30
The intermediate-term trend has been UP since Jul 6th, 2020 at 291.39
The short-term trend has been UP since Aug 6th, 2020 at 301.47
Smart Scan Analysis for MYDOW
Based on our trend formula, MYDOW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||383.02||52wk High Date||2018-03-05|
|52wk Low||312.21||52wk Low Date||2018-10-25|