Index Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
Nasdaq Yewno Global AI and Big Data Index EUR NTR (NASDAQ:NYGBIGEURN)
Long-Term Downtrend (-90) - NYGBIGEURN is in a strong downtrend that is likely to continue. While NYGBIGEURN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NYGBIGEURN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGBIGEURN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGBIGEURN
The long-term trend has been DOWN since Jan 24th, 2022 at 1799.97
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1809.77
The short-term trend has been DOWN since May 19th, 2022 at 1644.79
Smart Scan Analysis for NYGBIGEURN
Based on our trend formula, NYGBIGEURN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).