Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Nasdaq Yewno Global AI and Big Data Index EUR TR (NASDAQ:NYGBIGEURT)
Bull Market Weakness (+75) - NYGBIGEURT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NYGBIGEURT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NYGBIGEURT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGBIGEURT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGBIGEURT
The long-term trend has been UP since Jun 1st, 2020 at 1218.56
The intermediate-term trend has been DOWN since Jul 27th, 2020 at 1219.09
The short-term trend has been UP since Jul 30th, 2020 at 1247.33
Smart Scan Analysis for NYGBIGEURT
Based on our trend formula, NYGBIGEURT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).