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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

PHLX EUR CURRENCY INDEX (NASDAQ:XDE)

Countertrend Up (+85) - XDE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_XDE
Open High Low XDE Price Change
109.025 109.050 108.661 108.733 -0.162
Entry Signal

MarketClub’s Trade Triangles for XDE

long term up The long-term trend has been UP since Dec 14th, 2023 at 110.105

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 108.483

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 109.024

Smart Scan Analysis for XDE

Based on our trend formula, XDE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for XDE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.025 109.050 108.661 108.733 -0.162
Prev. Close Volume Bid Ask Time
108.730 0 2024-03-18 17:15:33
52wk High125.3752wk High Date2018-01-25
52wk Low112.1652wk Low Date2018-11-12
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