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Index Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Nasdaq Next Generation 100 Currency Hedged CAD Index (NASDAQ:NGXCADMH)

Long-Term Uptrend (+90) - NGXCADMH is in a strong uptrend that is likely to continue. While NGXCADMH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_NGXCADMH
Open High Low NGXCADMH Price Change
752.55 755.51 749.87 753.29 -2.31
Entry Signal

MarketClub’s Trade Triangles for NGXCADMH

long term up The long-term trend has been UP since Jan 23rd, 2023 at 774.81

intermediate term up The intermediate-term trend has been UP since May 18th, 2023 at 746.93

short term up The short-term trend has been UP since May 30th, 2023 at 741.38

Smart Scan Analysis for NGXCADMH

Based on our trend formula, NGXCADMH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NGXCADMH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
752.55 755.51 749.87 753.29 -2.31
Prev. Close Volume Bid Ask Time
755.60 0 2023-06-05 15:52:00
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