Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Nasdaq-100 Currency Hedged AUD TR Index (NASDAQ:XNDXAUDMH)
Weak Downtrend (-65) - XNDXAUDMH is showing signs of a strengthening downtrend. Monitor XNDXAUDMH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XNDXAUDMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXAUDMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXAUDMH
The long-term trend has been UP since Oct 28th, 2021 at 2282.62
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 2250.82
The short-term trend has been DOWN since Jan 14th, 2022 at 2248.81
Smart Scan Analysis for XNDXAUDMH
Based on our trend formula, XNDXAUDMH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).