Index Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
NASDAQ-100 3x Inverse Notional Net Total Return In (NASDAQ:XNDXNNRS3)
Strong Downtrend (-100) - XNDXNNRS3 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XNDXNNRS3 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XNDXNNRS3?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXNNRS3.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXNNRS3
The long-term trend has been DOWN since Dec 13th, 2022 at 210.14
The intermediate-term trend has been DOWN since Mar 16th, 2023 at 186.74
The short-term trend has been DOWN since Mar 15th, 2023 at 197.72
Smart Scan Analysis for XNDXNNRS3
Based on our trend formula, XNDXNNRS3 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).