Index Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
Dow Jones Turkey Equal Weighted 15 Index (EUR) (INDEX:TR15E)
Long-Term Downtrend (-90) - TR15E is in a strong downtrend that is likely to continue. While TR15E is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TR15E?
MarketClub looks at technical strength and momentum to determine if the timing is right for TR15E.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TR15E
The long-term trend has been DOWN since Aug 5th, 2020 at 221.37
The intermediate-term trend has been DOWN since Jul 28th, 2020 at 249.71
The short-term trend has been DOWN since Sep 17th, 2020 at 210.92
Smart Scan Analysis for TR15E
Based on our trend formula, TR15E is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||473.17||52wk High Date||2018-01-03|
|52wk Low||190.73||52wk Low Date||2018-08-13|