Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
NASDAQ Asia ex Japan Dividend Achievers (NASDAQ:DAAXJP)
Sidelines Mode (-55) - DAAXJP 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 DAAXJP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DAAXJP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DAAXJP
The long-term trend has been UP since Dec 4th, 2022 at 1249.18
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 1273.40
The short-term trend has been UP since Mar 17th, 2023 at 1286.83
Smart Scan Analysis for DAAXJP
Based on our trend formula, DAAXJP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).