Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
PHLX CHF CURRENCY INDEX (NASDAQ:XDS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for XDS
The long term trend has been UP since Jun 5th, 2019 at 101.06
The intermediate term trend has been UP since May 13th, 2019 at 99.00
The short term trend has been DOWN since Jul 17th, 2019 at 101.06
Smart Scan Analysis for XDS
Based on a pre-defined weighted trend formula for chart analysis, XDS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||108.58||52wk High Date||2018-02-15|
|52wk Low||98.88||52wk Low Date||2018-11-12|