Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
NDXGBP Monthly Currency Hedged (NASDAQ:NDXGBPMH)
Weak Downtrend (-65) - NDXGBPMH is showing signs of a strengthening downtrend. Monitor NDXGBPMH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NDXGBPMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXGBPMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXGBPMH
The long-term trend has been UP since Jan 27th, 2023 at 1832.36
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 2232.64
The short-term trend has been DOWN since Sep 15th, 2023 at 2280.72
Smart Scan Analysis for NDXGBPMH
Based on our trend formula, NDXGBPMH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).