Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Nasdaq-100 Notional Net Return Index AUD (NASDAQ:XNDXNNRAUD)
Weak Uptrend (+65) - XNDXNNRAUD is showing signs of weakening momentum to the upside. Monitor XNDXNNRAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XNDXNNRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXNNRAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXNNRAUD
The long-term trend has been UP since Apr 7th, 2021 at 1245.16
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 1457.12
The short-term trend has been UP since Oct 14th, 2021 at 1411.78
Smart Scan Analysis for XNDXNNRAUD
Based on our trend formula, XNDXNNRAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).