Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Nasdaq-100 Currency Hedged AUD Index (NASDAQ:NDXAUDMH)
Sidelines Mode (+55) - NDXAUDMH 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 NDXAUDMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXAUDMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXAUDMH
The long-term trend has been UP since Oct 28th, 2021 at 2255.49
The intermediate-term trend has been UP since Oct 18th, 2021 at 2188.46
The short-term trend has been DOWN since Nov 23rd, 2021 at 2337.15
Smart Scan Analysis for NDXAUDMH
Based on our trend formula, NDXAUDMH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).