Index Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Nasdaq Crypto Index (NASDAQ:NCI)
Long-Term Downtrend (-90) - NCI is in a strong downtrend that is likely to continue. While NCI 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 NCI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NCI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NCI
The long-term trend has been DOWN since Jan 6th, 2022 at 2668.72
The intermediate-term trend has been DOWN since Nov 18th, 2021 at 3526.56
The short-term trend has been DOWN since Jan 17th, 2022 at 2645.09
Smart Scan Analysis for NCI
Based on our trend formula, NCI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).