Index Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Dow Jones Portugal Index (USD) (INDEX:PTDOWD)
Bull Market Weakness (+75) - PTDOWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PTDOWD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PTDOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PTDOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PTDOWD
The long-term trend has been DOWN since Mar 20th, 2023 at 107.30
The intermediate-term trend has been UP since Mar 29th, 2023 at 113.30
The short-term trend has been UP since Mar 29th, 2023 at 112.42
Smart Scan Analysis for PTDOWD
Based on our trend formula, PTDOWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||123.05||52wk High Date||2018-01-25|
|52wk Low||95.26||52wk Low Date||2018-11-27|