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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
PHLX EUR CURRENCY INDEX (NASDAQ:XDE)
Long-Term Downtrend (-90) - XDE is in a strong downtrend that is likely to continue. While XDE 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 XDE?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDE.
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 XDE
The long-term trend has been DOWN since Nov 6th, 2024 at 107.613
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 107.613
The short-term trend has been DOWN since Dec 10th, 2024 at 105.334
Smart Scan Analysis for XDE
Based on our trend formula, XDE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.917 | 104.101 | 103.836 | 103.978 | -0.072 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.970 | 0 | 2024-12-24 14:15:47 |
| 52wk High | 125.37 | 52wk High Date | 2018-01-25 |
| 52wk Low | 112.16 | 52wk Low Date | 2018-11-12 |