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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
PHLX EUR CURRENCY INDEX (NASDAQ:XDE)
Bear Market Rally (-75) - XDE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XDE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid XDE?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XDE
The long-term trend has been DOWN since Apr 11th, 2024 at 107.006
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 108.018
The short-term trend has been UP since Apr 23rd, 2024 at 106.797
Smart Scan Analysis for XDE
Based on our trend formula, XDE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 106.745 | 107.114 | 106.602 | 107.036 | +0.491 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.028 | 0 | 2024-04-23 17:15:33 |
| 52wk High | 125.37 | 52wk High Date | 2018-01-25 |
| 52wk Low | 112.16 | 52wk Low Date | 2018-11-12 |