Index Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
NASDAQ Asia ex Japan Dividend Achievers NTR (NASDAQ:DAAXJPN)
Bull Market Weakness (+75) - DAAXJPN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DAAXJPN as it may be in the beginning stages of a reversal.
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 UP since Dec 4th, 2022 at 1694.69
The intermediate-term trend has been UP since Nov 8th, 2022 at 1502.20
The short-term trend has been DOWN since Dec 7th, 2022 at 1659.67
Smart Scan Analysis for DAAXJPN
Based on our trend formula, DAAXJPN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).