Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Dorsey Wright Focus Five Total Return Index (NASDAQ:DWANQFFT)
Long-Term Uptrend (+90) - DWANQFFT is in a strong uptrend that is likely to continue. While DWANQFFT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DWANQFFT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWANQFFT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWANQFFT
The long-term trend has been UP since Jun 1st, 2020 at 1901.31
The intermediate-term trend has been UP since Oct 15th, 2021 at 2833.81
The short-term trend has been UP since Oct 7th, 2021 at 2742.96
Smart Scan Analysis for DWANQFFT
Based on our trend formula, DWANQFFT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).