Index Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Dow Jones Malaysia Index (USD) (INDEX:MYDOWD)
Bear Market Rally (-75) - MYDOWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYDOWD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MYDOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYDOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYDOWD
The long-term trend has been DOWN since May 6th, 2022 at 183.62
The intermediate-term trend has been DOWN since Jun 9th, 2022 at 176.32
The short-term trend has been UP since Jun 28th, 2022 at 166.56
Smart Scan Analysis for MYDOWD
Based on our trend formula, MYDOWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||256.79||52wk High Date||2018-01-29|
|52wk Low||203.7||52wk Low Date||2018-10-30|