Index Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
Nasdaq Crypto Index (NASDAQ:NCI)
Sidelines Mode (-55) - NCI 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 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 Sep 11th, 2023 at 1451.24
The intermediate-term trend has been DOWN since Jul 24th, 2023 at 1718.89
The short-term trend has been UP since Sep 27th, 2023 at 1509.47
Smart Scan Analysis for NCI
Based on our trend formula, NCI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).