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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Nasdaq Next Generation 100 Index JPY (NASDAQ:NGXJPY)

Long-Term Uptrend (+90) - NGXJPY is in a strong uptrend that is likely to continue. While NGXJPY 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 NGXJPY?

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

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

NASDAQ_NGXJPY
Open High Low NGXJPY Price Change
1668.71 1673.62 1666.44 1667.14 +0.24
Entry Signal

MarketClub’s Trade Triangles for NGXJPY

long term up The long-term trend has been UP since Dec 19th, 2023 at 1471.34

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 1376.33

short term up The short-term trend has been UP since Mar 20th, 2024 at 1621.80

Smart Scan Analysis for NGXJPY

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

+90
Smart Scan Analysis for NGXJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1668.71 1673.62 1666.44 1667.14 +0.24
Prev. Close Volume Bid Ask Time
1667.14 0 2024-03-28 17:14:00
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