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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

PHLX EUR CURRENCY INDEX (NASDAQ:XDE)

Countertrend Down (-85) - XDE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
107.202 107.395 106.784 107.292 +0.313
Entry Signal

MarketClub’s Trade Triangles for XDE

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 107.006

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 108.018

short term up The short-term trend has been UP since Apr 23rd, 2024 at 106.797

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
107.202 107.395 106.784 107.292 +0.313
Prev. Close Volume Bid Ask Time
107.292 0 2024-04-25 17:15:54
52wk High125.3752wk High Date2018-01-25
52wk Low112.1652wk Low Date2018-11-12
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