Index Trend Analysis Report
Prepared for you on Saturday, June 3, 2023.
PHLX JPY CURRENCY INDEX (NASDAQ:XDN)
Bear Market Rally (-75) - XDN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XDN as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for XDN
The long-term trend has been DOWN since May 1st, 2023 at 72.761
The intermediate-term trend has been DOWN since Apr 10th, 2023 at 74.878
The short-term trend has been UP since Jun 1st, 2023 at 71.821
Smart Scan Analysis for XDN
Based on our trend formula, XDN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96||52wk High Date||2018-03-23|
|52wk Low||87.28||52wk Low Date||2018-10-03|