Index Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
NASDAQ-100 Equal Weighted Net Notional Return GBP Index (NASDAQ:NETRNNRGBP)
Long-Term Uptrend (+90) - NETRNNRGBP is in a strong uptrend that is likely to continue. While NETRNNRGBP 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 NETRNNRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NETRNNRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NETRNNRGBP
The long-term trend has been UP since Apr 15th, 2021 at 1018.55
The intermediate-term trend has been UP since Oct 20th, 2021 at 1090.39
The short-term trend has been UP since Oct 7th, 2021 at 1066.01
Smart Scan Analysis for NETRNNRGBP
Based on our trend formula, NETRNNRGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).