Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Nasdaq Next Generation 100 Notional Net Return GBP (NASDAQ:NGXNGBP)
Weak Uptrend (+65) - NGXNGBP is showing signs of weakening momentum to the upside. Monitor NGXNGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NGXNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGXNGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGXNGBP
The long-term trend has been UP since Jun 24th, 2021 at 1287.60
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1291.83
The short-term trend has been UP since Oct 7th, 2021 at 1277.91
Smart Scan Analysis for NGXNGBP
Based on our trend formula, NGXNGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).