Index Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
Nasdaq Next Generation 100 Total Return EUR (NASDAQ:NGXTEUR)
Countertrend Up (+85) - NGXTEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NGXTEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGXTEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGXTEUR
The long-term trend has been UP since Oct 8th, 2020 at 1046.38
The intermediate-term trend has been UP since Mar 16th, 2021 at 1340.91
The short-term trend has been DOWN since Apr 7th, 2021 at 1293.75
Smart Scan Analysis for NGXTEUR
Based on our trend formula, NGXTEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).