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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Dow Jones New Zealand Index (INDEX:NZDOW)

Countertrend Up (+85) - NZDOW 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 NZDOW?

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

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

INDEX_NZDOW
Open High Low NZDOW Price Change
330.60 330.86 330.47 330.55 +0.23
Entry Signal

MarketClub’s Trade Triangles for NZDOW

long term up The long-term trend has been UP since Jan 23rd, 2024 at 326.40

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 327.85

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 331.56

Smart Scan Analysis for NZDOW

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

+85
Smart Scan Analysis for NZDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
330.60 330.86 330.47 330.55 +0.23
Prev. Close Volume Bid Ask Time
330.32 0 2024-03-19 02:59:21
52wk High284.6352wk High Date2018-08-29
52wk Low246.8152wk Low Date2018-02-15
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