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Index Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

PHLX JPY CURRENCY INDEX (NASDAQ:XDN)

Sidelines Mode (-55) - XDN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_XDN
Open High Low XDN Price Change
87.903 88.024 87.833 87.987 +0.375
Entry Signal

MarketClub’s Trade Triangles for XDN

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 94.628

intermediate term down The intermediate-term trend has been DOWN since Dec 22nd, 2021 at 87.517

short term up The short-term trend has been UP since Jan 7th, 2022 at 86.487

Smart Scan Analysis for XDN

Based on our trend formula, XDN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for XDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.903 88.024 87.833 87.987 +0.375
Prev. Close Volume Bid Ask Time
87.612 0 2022-01-21 16:12:10
52wk High9652wk High Date2018-03-23
52wk Low87.2852wk Low Date2018-10-03
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