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Index Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

PHLX GBP CURRENCY INDEX (NASDAQ:XDB)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_XDB
Open High Low XDB Price Change
126.59 126.67 126.47 126.47 -0.84
Entry Signal

MarketClub’s Trade Triangles for XDB

long term down The long term trend has been DOWN since May 1st, 2018 at 137.12

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 129.18

short term up The short term trend has been UP since Nov 26th, 2018 at 128.48

Smart Scan Analysis for XDB

Based on a pre-defined weighted trend formula for chart analysis, XDB scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for XDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.59 126.67 126.47 126.47 -0.84
Prev. Close Volume Bid Ask Time
127.92 0 2018-12-10 08:22:00
52wk High143.4552wk High Date2018-01-25
52wk Low126.6252wk Low Date2018-08-15
Want to analyze PHLX GBP CURRENCY INDEX XDB or another symbol? Try our Free Index Trend Analysis Report.