Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

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

Weak Downtrend (-65) - NGXCADMH is showing signs of a strengthening downtrend. Monitor NGXCADMH as it may be building momentum to the downside.

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
826.16 826.20 821.89 822.55 -11.45
Entry Signal

MarketClub’s Trade Triangles for NGXCADMH

long term up The long-term trend has been UP since Dec 14th, 2023 at 785.95

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 823.47

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 844.00

Smart Scan Analysis for NGXCADMH

Based on our trend formula, NGXCADMH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NGXCADMH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
826.16 826.20 821.89 822.55 -11.45
Prev. Close Volume Bid Ask Time
834.00 0 2024-04-12 10:13:00
Get a free daily analysis and signals for Nasdaq Next Generation 100 Currency Hedged CAD Index (NGXCADMH) - Request Your Free Report.