Index Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
Invesco EQQQ NASDAQ-100 UCITS ETF USD (GIF:EQQQUS)
Sidelines Mode (-55) - EQQQUS 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 EQQQUS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EQQQUS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EQQQUS
The long-term trend has been UP since Jun 2nd, 2020 at 236.36
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 273.06
The short-term trend has been UP since Sep 23rd, 2020 at 272.94
Smart Scan Analysis for EQQQUS
Based on our trend formula, EQQQUS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).