Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
PHLX CAD CURRENCY INDEX (NASDAQ:XDC)
Bull Market Weakness (+75) - XDC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XDC?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XDC
The long-term trend has been DOWN since Feb 10th, 2020 at 75.027
The intermediate-term trend has been UP since Apr 13th, 2020 at 71.834
The short-term trend has been UP since May 26th, 2020 at 72.116
Smart Scan Analysis for XDC
Based on our trend formula, XDC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||81.63||52wk High Date||2018-01-31|
|52wk Low||74.7||52wk Low Date||2018-06-27|