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Index Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

Nasdaq Next Generation 100 Index CAD (NASDAQ:NGXCAD)

Crossroads (-60) - NGXCAD 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 NGXCAD?

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

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

NASDAQ_NGXCAD
Open High Low NGXCAD Price Change
1293.12 1294.31 1254.29 1265.11 -31.04
Entry Signal

MarketClub’s Trade Triangles for NGXCAD

long term up The long-term trend has been UP since Nov 8th, 2021 at 1348.92

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2021 at 1313.51

short term down The short-term trend has been DOWN since Nov 18th, 2021 at 1356.31

Smart Scan Analysis for NGXCAD

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

-60
Smart Scan Analysis for NGXCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1293.12 1294.31 1254.29 1265.11 -31.04
Prev. Close Volume Bid Ask Time
1265.11 0 2021-12-03 17:09:00
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