Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
NASDAQ Asia ex Japan Dividend Achievers NTR (NASDAQ:DAAXJPN)
Sidelines Mode (-55) - DAAXJPN 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 DAAXJPN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DAAXJPN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DAAXJPN
The long-term trend has been DOWN since Jul 9th, 2021 at 1861.35
The intermediate-term trend has been UP since Oct 17th, 2021 at 1876.45
The short-term trend has been DOWN since Oct 24th, 2021 at 1888.82
Smart Scan Analysis for DAAXJPN
Based on our trend formula, DAAXJPN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).