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Iran Weekly Market Report

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Tehran Stock Exchange had another flat week with low trade volume as the main index slipped by 0.2%, closing at 62,409. Overall, the TSE All-Share Index has recorded a 1% decline during the last four weeks. The index declined by 0.3% during Sunday and Monday’s trading sessions, reaching 62,374 which is the lowest measure since mid-October. However, the minor recovery on Tuesday and Wednesday added 0.06% to the index’s value, to close at 62,409. According to technical analysis perspective,

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