Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
NASDAQ-100 INDEX GBP (NASDAQ:NDXGBP)
Countertrend Up (+85) - NDXGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NDXGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXGBP
The long-term trend has been UP since Dec 18th, 2019 at 1496.89
The intermediate-term trend has been UP since Dec 18th, 2019 at 1496.89
The short-term trend has been DOWN since Feb 21st, 2020 at 1675.06
Smart Scan Analysis for NDXGBP
Based on our trend formula, NDXGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1359.47||52wk High Date||2018-09-04|
|52wk Low||1020.79||52wk Low Date||2018-02-09|