Index Trend Analysis Report
Prepared for you on Wednesday, August 17, 2022.
Dorsey Wright TL Malaysia MYR Index TR Index (NASDAQ:DWATLMYMYRTR)
Bull Market Weakness (+75) - DWATLMYMYRTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DWATLMYMYRTR as it may be in the beginning stages of a reversal.
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 DOWN since Dec 2nd, 2021 at 1208.29
The intermediate-term trend has been UP since Jul 26th, 2022 at 1068.84
The short-term trend has been UP since Aug 11th, 2022 at 1098.70
Smart Scan Analysis for DWATLMYMYRTR
Based on our trend formula, DWATLMYMYRTR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).