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Index Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

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

Countertrend Up (+85) - NODOWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
366.88 376.38 366.88 376.31 +5.69
Entry Signal

MarketClub’s Trade Triangles for NODOWD

long term up The long-term trend has been UP since Jul 21st, 2020 at 297.05

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 362.25

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 361.72

Smart Scan Analysis for NODOWD

Based on our trend formula, NODOWD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NODOWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
366.88 376.38 366.88 376.31 +5.69
Prev. Close Volume Bid Ask Time
370.62 0 2021-03-02 12:56:05
52wk High400.1952wk High Date2018-09-25
52wk Low332.5952wk Low Date2017-12-11
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