Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
NASDAQ-100 Equal Weighted Net Notional Return CAD Index (NASDAQ:NETRNNRCAD)
Crossroads (-60) - NETRNNRCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NETRNNRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NETRNNRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NETRNNRCAD
The long-term trend has been UP since Nov 4th, 2021 at 1100.85
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 1092.36
The short-term trend has been DOWN since Nov 30th, 2021 at 1097.43
Smart Scan Analysis for NETRNNRCAD
Based on our trend formula, NETRNNRCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).