Index Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
DJ NORWAY STOCK INDEX (USD) (INDEX:NODOWD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NODOWD
The long term trend has been UP since Jan 3rd, 2018 at 357.33
The intermediate term trend has been UP since Feb 26th, 2018 at 370.86
The short term trend has been DOWN since Mar 14th, 2018 at 367.52
Smart Scan Analysis for NODOWD
Based on a pre-defined weighted trend formula for chart analysis, NODOWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||385.86||52wk High Date||2018-01-25|
|52wk Low||282.46||52wk Low Date||2017-04-21|