Index Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Nasdaq CTA Latin American Technology Innovators Net Total Return BRL Index (NASDAQ:LATMTIBRLN)
Long-Term Uptrend (+90) - LATMTIBRLN is in a strong uptrend that is likely to continue. While LATMTIBRLN 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 LATMTIBRLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for LATMTIBRLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LATMTIBRLN
The long-term trend has been UP since Dec 1st, 2023 at 683.92
The intermediate-term trend has been UP since Nov 7th, 2023 at 611.74
The short-term trend has been UP since Nov 29th, 2023 at 666.89
Smart Scan Analysis for LATMTIBRLN
Based on our trend formula, LATMTIBRLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).