Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Nasdaq CTA Latin American Technology Innovators Total Return BRL Index (NASDAQ:LATMTIBRLT)
Long-Term Uptrend (+90) - LATMTIBRLT is in a strong uptrend that is likely to continue. While LATMTIBRLT 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 LATMTIBRLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for LATMTIBRLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LATMTIBRLT
The long-term trend has been UP since Dec 1st, 2023 at 688.26
The intermediate-term trend has been UP since Nov 7th, 2023 at 615.52
The short-term trend has been UP since Nov 29th, 2023 at 671.12
Smart Scan Analysis for LATMTIBRLT
Based on our trend formula, LATMTIBRLT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).