Index Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Dorsey Wright Technical Leaders Malaysia Index TR (NASDAQ:DWATLMYTR)
Weak Downtrend (-65) - DWATLMYTR is showing signs of a strengthening downtrend. Monitor DWATLMYTR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DWATLMYTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWATLMYTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWATLMYTR
The long-term trend has been UP since Apr 15th, 2020 at 1123.34
The intermediate-term trend has been DOWN since Mar 8th, 2021 at 2104.66
The short-term trend has been DOWN since Apr 28th, 2021 at 2088.56
Smart Scan Analysis for DWATLMYTR
Based on our trend formula, DWATLMYTR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).