Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Dorsey Wright TL Malaysia MYR Index (NASDAQ:DWATLMYMYR)
Strong Uptrend (+100) - DWATLMYMYR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DWATLMYMYR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DWATLMYMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWATLMYMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWATLMYMYR
The long-term trend has been UP since Jun 30th, 2020 at 991.48
The intermediate-term trend has been UP since Sep 28th, 2020 at 1104.88
The short-term trend has been UP since Oct 8th, 2020 at 1090.13
Smart Scan Analysis for DWATLMYMYR
Based on our trend formula, DWATLMYMYR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).