Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
NASDAQ Composite Monthly Currency Hedged CAD TR (NASDAQ:XCMPCADMH)
Weak Downtrend (-65) - XCMPCADMH is showing signs of a strengthening downtrend. Monitor XCMPCADMH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XCMPCADMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for XCMPCADMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XCMPCADMH
The long-term trend has been UP since Jun 1st, 2020 at 1300.60
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 2110.72
The short-term trend has been DOWN since Nov 22nd, 2021 at 2165.03
Smart Scan Analysis for XCMPCADMH
Based on our trend formula, XCMPCADMH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).