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Index Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

PHLX GBP CURRENCY INDEX (NASDAQ:XDB)

Long-Term Uptrend (+90) - XDB is in a strong uptrend that is likely to continue. While XDB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_XDB
Open High Low XDB Price Change
134.51 135.01 134.33 134.52 +0.82
Entry Signal

MarketClub’s Trade Triangles for XDB

long term up The long-term trend has been UP since Jul 27th, 2020 at 128.14

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2020 at 130.08

short term up The short-term trend has been UP since Dec 3rd, 2020 at 134.41

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).

+90
Smart Scan Analysis for XDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.51 135.01 134.33 134.52 +0.82
Prev. Close Volume Bid Ask Time
130.64 0 2020-12-03 14:59:05
52wk High143.4552wk High Date2018-01-25
52wk Low126.6252wk Low Date2018-08-15
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