Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
Dow Jones Australia Select Dividend 30 Index (INDEX:DJAUSD)
Bull Market Weakness (+75) - DJAUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJAUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJAUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJAUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJAUSD
The long-term trend has been DOWN since Feb 24th, 2020 at 203.83
The intermediate-term trend has been UP since Aug 11th, 2020 at 177.23
The short-term trend has been UP since Aug 10th, 2020 at 172.47
Smart Scan Analysis for DJAUSD
Based on our trend formula, DJAUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||205.19||52wk High Date||2017-12-11|
|52wk Low||171.97||52wk Low Date||2018-11-21|