Index Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
PHLX EUR CURRENCY INDEX (NASDAQ:XDE)
Crossroads (-60) - XDE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for XDE
The long-term trend has been UP since May 25th, 2021 at 122.43
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 121.12
The short-term trend has been DOWN since Jun 10th, 2021 at 121.60
Smart Scan Analysis for XDE
Based on our trend formula, XDE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||125.37||52wk High Date||2018-01-25|
|52wk Low||112.16||52wk Low Date||2018-11-12|