Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
PHLX GBP CURRENCY INDEX (NASDAQ:XDB)
Strong Uptrend (+100) - XDB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XDB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XDB?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XDB
The long-term trend has been UP since Jul 27th, 2020 at 128.14
The intermediate-term trend has been UP since Apr 19th, 2021 at 139.14
The short-term trend has been UP since Apr 14th, 2021 at 137.77
Smart Scan Analysis for XDB
Based on our trend formula, XDB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||143.45||52wk High Date||2018-01-25|
|52wk Low||126.62||52wk Low Date||2018-08-15|