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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.

INDEX_MYDOW
Open High Low MYDOW Price Change
303.10 303.21 301.23 301.23 -2.79
Entry Signal

MarketClub’s Trade Triangles for MYDOW

long term up The long-term trend has been UP since Jun 2nd, 2020 at 284.30

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 291.39

short term up 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).

+90
Smart Scan Analysis for MYDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
303.10 303.21 301.23 301.23 -2.79
Prev. Close Volume Bid Ask Time
293.29 0 2020-08-07 04:56:11
52wk High383.0252wk High Date2018-03-05
52wk Low312.2152wk Low Date2018-10-25
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