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Index Trend Analysis Report

Prepared for you on Friday, July 26, 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
108.611 108.683 108.496 108.598 +0.125
Entry Signal

MarketClub’s Trade Triangles for XDE

long term up The long-term trend has been UP since Jul 12th, 2024 at 109.047

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 108.426

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 108.757

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
108.611 108.683 108.496 108.598 +0.125
Prev. Close Volume Bid Ask Time
108.473 0 2024-07-26 17:14:48
52wk High125.3752wk High Date2018-01-25
52wk Low112.1652wk Low Date2018-11-12
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