Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Dow Jones New Zealand Index (USD) (INDEX:NZDOWD)

Crossroads (+60) - NZDOWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

INDEX_NZDOWD
Open High Low NZDOWD Price Change
380.63 382.27 378.28 379.39 +0.26
Entry Signal

MarketClub’s Trade Triangles for NZDOWD

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 385.79

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2020 at 339.29

short term up The short-term trend has been UP since May 26th, 2020 at 371.43

Smart Scan Analysis for NZDOWD

Based on our trend formula, NZDOWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NZDOWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
380.63 382.27 378.28 379.39 +0.26
Prev. Close Volume Bid Ask Time
339.21 0 2020-05-29 13:15:04
52wk High356.4652wk High Date2018-06-13
52wk Low302.3552wk Low Date2018-10-25
Get a free daily analysis and signals for Dow Jones New Zealand Index (USD) (NZDOWD) - Request Your Free Report.