Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

NASDAQ -100 Currency Hedged JPY Index (NASDAQ:NDXJPYMH)

Crossroads (+60) - NDXJPYMH 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 NDXJPYMH?

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

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

Open	High	Low	NDXJPYMH Price	Change
1320.42	1333.40	1317.81	1329.75	+1.40
Entry Signal

MarketClub’s Trade Triangles for NDXJPYMH

The long-term trend has been DOWN since Aug 5th, 2024 at 1155.51

The intermediate-term trend has been UP since Sep 19th, 2024 at 1295.93

The short-term trend has been UP since Oct 21st, 2024 at 1329.87

Smart Scan Analysis for NDXJPYMH

Based on our trend formula, NDXJPYMH 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
1320.42	1333.40	1317.81	1329.75	+1.40
Prev. Close	Volume	Bid	Ask	Time
1328.35	0			2024-10-22 17:12:00

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