Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Credit Suisse NASDAQ Gold FLOWS103 Price Index (NASDAQ:QGLDI)
Bear Market Rally (-75) - QGLDI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QGLDI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QGLDI?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLDI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLDI
The long-term trend has been DOWN since Mar 13th, 2020 at 3048.24
The intermediate-term trend has been DOWN since Mar 13th, 2020 at 3169.82
The short-term trend has been UP since Mar 25th, 2020 at 2984.76
Smart Scan Analysis for QGLDI
Based on our trend formula, QGLDI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3172.6||52wk High Date||2018-01-24|
|52wk Low||2737.74||52wk Low Date||2018-08-16|