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Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
Dorsey Wright Emerging Markets Tech Leaders TR (NASDAQ:DWATREM)
Long-Term Uptrend (+90) - DWATREM is in a strong uptrend that is likely to continue. While DWATREM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DWATREM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWATREM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DWATREM
The long-term trend has been UP since Dec 13th, 2023 at 163.63
The intermediate-term trend has been UP since May 7th, 2024 at 186.71
The short-term trend has been UP since May 15th, 2024 at 186.87
Smart Scan Analysis for DWATREM
Based on our trend formula, DWATREM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 190.26 | 190.38 | 189.57 | 189.86 | -0.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 190.41 | 0 | 2024-05-20 02:42:00 |