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Index Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

PHLX EUR CURRENCY INDEX (NASDAQ:XDE)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_XDE
Open High Low XDE Price Change
111.15 111.32 111.02 111.25 +0.53
Entry Signal

MarketClub’s Trade Triangles for XDE

long term down The long term trend has been DOWN since May 1st, 2018 at 120.56

intermediate term up The intermediate term trend has been UP since Oct 16th, 2019 at 110.63

short term up The short term trend has been UP since Oct 16th, 2019 at 110.63

Smart Scan Analysis for XDE

Based on a pre-defined weighted trend formula for chart analysis, XDE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for XDE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.15 111.32 111.02 111.25 +0.53
Prev. Close Volume Bid Ask Time
109.68 0 2019-10-17 17:15:51
52wk High125.3700000052wk High Date2018-01-25
52wk Low112.1600000052wk Low Date2018-11-12
Want to analyze PHLX EUR CURRENCY INDEX XDE or another symbol? Try our Free Index Trend Analysis Report.