Index Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
PHLX JPY CURRENCY INDEX (NASDAQ:XDN)
Strong Uptrend (+100) - XDN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XDN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XDN
The long-term trend has been UP since Dec 1st, 2022 at 72.646
The intermediate-term trend has been UP since Nov 8th, 2022 at 68.650
The short-term trend has been UP since Jan 25th, 2023 at 77.251
Smart Scan Analysis for XDN
Based on our trend formula, XDN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96||52wk High Date||2018-03-23|
|52wk Low||87.28||52wk Low Date||2018-10-03|