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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Dow Jones Malaysia Index (INDEX:MYDOW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

INDEX_MYDOW
Open High Low MYDOW Price Change
299.29 299.47 299.07 299.36 +0.12
Entry Signal

MarketClub’s Trade Triangles for MYDOW

long term down The long term trend has been DOWN since Sep 3rd, 2019 at 302.19

intermediate term down The intermediate term trend has been DOWN since Nov 25th, 2019 at 304.00

short term down The short term trend has been DOWN since Nov 20th, 2019 at 304.31

Smart Scan Analysis for MYDOW

Based on a pre-defined weighted trend formula for chart analysis, MYDOW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MYDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
299.29 299.47 299.07 299.36 +0.12
Prev. Close Volume Bid Ask Time
299.24 0 2019-12-06 11:29:16
52wk High383.0252wk High Date2018-03-05
52wk Low312.2152wk Low Date2018-10-25
Want to analyze Dow Jones Malaysia Index MYDOW or another symbol? Try our Free Index Trend Analysis Report.