Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Invesco EQQQ NASDAQ-100 UCITS ETF EUR (GIF:EQEUEU)
Sidelines Mode (-55) - EQEUEU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EQEUEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EQEUEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EQEUEU
The long-term trend has been DOWN since Feb 28th, 2020 at 156.68
The intermediate-term trend has been UP since Apr 7th, 2020 at 154.40
The short-term trend has been DOWN since May 27th, 2020 at 178.53
Smart Scan Analysis for EQEUEU
Based on our trend formula, EQEUEU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).