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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

NASDAQ-100 Equal Weighted Net Notional Return JPY Index (NASDAQ:NETRNNRJPY)

Long-Term Uptrend (+90) - NETRNNRJPY is in a strong uptrend that is likely to continue. While NETRNNRJPY 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 NETRNNRJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NETRNNRJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NETRNNRJPY
Open High Low NETRNNRJPY Price Change
1751.59 1757.28 1751.06 1752.04 +0.24
Entry Signal

MarketClub’s Trade Triangles for NETRNNRJPY

long term up The long-term trend has been UP since Nov 14th, 2023 at 1469.18

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 1727.06

short term up The short-term trend has been UP since May 7th, 2024 at 1694.52

Smart Scan Analysis for NETRNNRJPY

Based on our trend formula, NETRNNRJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NETRNNRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1751.59 1757.28 1751.06 1752.04 +0.24
Prev. Close Volume Bid Ask Time
1752.04 0 2024-05-16 17:12:00
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