Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Dorsey Wright TL Malaysia MYR Index TR Index (NASDAQ:DWATLMYMYRTR)
Sidelines Mode (+55) - DWATLMYMYRTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DWATLMYMYRTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWATLMYMYRTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWATLMYMYRTR
The long-term trend has been UP since Jul 26th, 2023 at 1136.53
The intermediate-term trend has been UP since Jul 3rd, 2023 at 1098.70
The short-term trend has been DOWN since Sep 21st, 2023 at 1205.43
Smart Scan Analysis for DWATLMYMYRTR
Based on our trend formula, DWATLMYMYRTR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).