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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

PHLX JPY CURRENCY INDEX (NASDAQ:XDN)

Long-Term Downtrend (-90) - XDN is in a strong downtrend that is likely to continue. While XDN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_XDN
Open High Low XDN Price Change
64.674 64.961 64.602 64.652 -0.175
Entry Signal

MarketClub’s Trade Triangles for XDN

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 66.159

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 66.159

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 65.814

Smart Scan Analysis for XDN

Based on our trend formula, XDN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.674 64.961 64.602 64.652 -0.175
Prev. Close Volume Bid Ask Time
64.827 0 2024-04-16 17:15:26
52wk High9652wk High Date2018-03-23
52wk Low87.2852wk Low Date2018-10-03
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