Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
NASDAQ Asia ex Japan Dividend Achievers NTR (NASDAQ:DAAXJPN)
Countertrend Down (-85) - DAAXJPN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Mar 1st, 2020 at 1519.16
The intermediate-term trend has been DOWN since May 17th, 2020 at 1357.88
The short-term trend has been UP since May 26th, 2020 at 1370.99
Smart Scan Analysis for DAAXJPN
Based on our trend formula, DAAXJPN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).