Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Dow Jones Malaysia Index (INDEX:MYDOW)
Strong Downtrend (-100) - MYDOW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MYDOW continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 1st, 2021 at 286.82
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 288.59
The short-term trend has been DOWN since Jan 14th, 2022 at 292.25
Smart Scan Analysis for MYDOW
Based on our trend formula, MYDOW is rated as a -100 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|