Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

PHLX EUR CURRENCY INDEX (NASDAQ:XDE)

Strong Downtrend (-100) - XDE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XDE continues to fall. 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.

NASDAQ_XDE
Open High Low XDE Price Change
111.57 111.64 111.32 111.44 -0.96
Entry Signal

MarketClub’s Trade Triangles for XDE

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 117.55

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2022 at 112.73

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 113.60

Smart Scan Analysis for XDE

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

-100
Smart Scan Analysis for XDE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.57 111.64 111.32 111.44 -0.96
Prev. Close Volume Bid Ask Time
111.44 0 2022-01-27 17:15:23
52wk High125.3752wk High Date2018-01-25
52wk Low112.1652wk Low Date2018-11-12
Get a free daily analysis and signals for PHLX EUR CURRENCY INDEX (XDE) - Request Your Free Report.