Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

NASDAQ-100 Equal Weighted AUD Index (NASDAQ:NDXEAUD)

Crossroads (+60) - NDXEAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	NDXEAUD Price	Change
1337.92	1340.77	1335.19	1335.79	-2.45
Entry Signal

MarketClub’s Trade Triangles for NDXEAUD

The long-term trend has been DOWN since May 2nd, 2024 at 1297.81

The intermediate-term trend has been UP since May 13th, 2024 at 1329.74

The short-term trend has been UP since May 7th, 2024 at 1315.42

Smart Scan Analysis for NDXEAUD

Based on our trend formula, NDXEAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1337.92	1340.77	1335.19	1335.79	-2.45
Prev. Close	Volume	Bid	Ask	Time
1335.79	0			2024-05-16 17:12:00

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