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Index Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

Dow Jones Malaysia Index (INDEX:MYDOW)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

Open High Low MYDOW Price Change
305.32 305.32 303.69 305.11 -0.21
Entry Signal

MarketClub’s Trade Triangles for MYDOW

long term up The long term trend has been UP since Jul 1st, 2019 at 321.62

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 317.46

short term down The short term trend has been DOWN since Aug 12th, 2019 at 308.58

Smart Scan Analysis for MYDOW

Based on a pre-defined weighted trend formula for chart analysis, MYDOW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MYDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
305.32 305.32 303.69 305.11 -0.21
Prev. Close Volume Bid Ask Time
307.52 0 2019-08-16 13:08:20
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.