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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
PHLX GBP CURRENCY INDEX (NASDAQ:XDB)
Long-Term Downtrend (-90) - XDB is in a strong downtrend that is likely to continue. While XDB 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 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.
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MarketClub’s Trade Triangles for XDB
The long-term trend has been DOWN since Apr 11th, 2024 at 125.18
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 125.99
The short-term trend has been DOWN since Apr 10th, 2024 at 125.74
Smart Scan Analysis for XDB
Based on our trend formula, XDB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 124.01 | 124.60 | 123.80 | 124.53 | +1.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 124.51 | 0 | 2024-04-23 17:15:48 |
| 52wk High | 143.45 | 52wk High Date | 2018-01-25 |
| 52wk Low | 126.62 | 52wk Low Date | 2018-08-15 |