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Index Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Dow Jones Norway Index (USD) (INDEX:NODOWD)

Bull Market Weakness (+75) - NODOWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NODOWD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NODOWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NODOWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_NODOWD
Open High Low NODOWD Price Change
259.16 262.67 258.18 262.44 +3.16
Entry Signal

MarketClub’s Trade Triangles for NODOWD

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 315.45

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 235.65

short term up The short-term trend has been UP since May 26th, 2020 at 256.40

Smart Scan Analysis for NODOWD

Based on our trend formula, NODOWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NODOWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
259.16 262.67 258.18 262.44 +3.16
Prev. Close Volume Bid Ask Time
216.24 0 2020-05-27 05:51:25
52wk High400.1952wk High Date2018-09-25
52wk Low332.5952wk Low Date2017-12-11
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