Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

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

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

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
375.21 376.32 375.08 376.09 +1.69
Entry Signal

MarketClub’s Trade Triangles for NZDOWD

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 354.83

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 370.29

short term up The short-term trend has been UP since May 22nd, 2024 at 371.31

Smart Scan Analysis for NZDOWD

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

+70
Smart Scan Analysis for NZDOWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
375.21 376.32 375.08 376.09 +1.69
Prev. Close Volume Bid Ask Time
374.40 0 2024-05-23 01:24:11
52wk High356.4652wk High Date2018-06-13
52wk Low302.3552wk Low Date2018-10-25
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