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Index Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Nasdaq-100 Index AUD (NASDAQ:NDXAUD)

Long-Term Uptrend (+90) - NDXAUD is in a strong uptrend that is likely to continue. While NDXAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NDXAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDXAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NDXAUD
Open High Low NDXAUD Price Change
1955.15 1969.73 1953.97 1965.98 +18.30
Entry Signal

MarketClub’s Trade Triangles for NDXAUD

long term up The long-term trend has been UP since Nov 10th, 2023 at 1689.37

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 1911.63

short term up The short-term trend has been UP since May 6th, 2024 at 1877.41

Smart Scan Analysis for NDXAUD

Based on our trend formula, NDXAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NDXAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1955.15 1969.73 1953.97 1965.98 +18.30
Prev. Close Volume Bid Ask Time
1965.98 0 2024-05-24 17:12:00
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