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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Nasdaq Blockchain Economy Index (NASDAQ:RSBLCN)

Countertrend Up (+85) - RSBLCN 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 RSBLCN?

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

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

NASDAQ_RSBLCN
Open High Low RSBLCN Price Change
2079.22 2081.00 2062.00 2068.41 -12.11
Entry Signal

MarketClub’s Trade Triangles for RSBLCN

long term up The long-term trend has been UP since Dec 1st, 2023 at 1598.94

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 2037.18

short term up The short-term trend has been UP since Jun 12th, 2024 at 2103.49

Smart Scan Analysis for RSBLCN

Based on our trend formula, RSBLCN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for RSBLCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2079.22 2081.00 2062.00 2068.41 -12.11
Prev. Close Volume Bid Ask Time
2068.41 0 2024-06-14 17:06:00
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