Index Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
NASDAQ-100 Equal Weighted Total Return CHF Index (NASDAQ:NETRCHF)
Countertrend Up (+85) - NETRCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NETRCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NETRCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NETRCHF
The long-term trend has been UP since Jan 27th, 2023 at 968.42
The intermediate-term trend has been UP since May 15th, 2023 at 950.32
The short-term trend has been DOWN since Jun 8th, 2023 at 1000.35
Smart Scan Analysis for NETRCHF
Based on our trend formula, NETRCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).