Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Nasdaq CTA Emerging Markets Internet & E-commerce Index AUD (NASDAQ:QNETEMAUD)
Sidelines Mode (+55) - QNETEMAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNETEMAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMAUD
The long-term trend has been UP since Jul 5th, 2022 at 600.31
The intermediate-term trend has been DOWN since Jul 15th, 2022 at 545.70
The short-term trend has been UP since Aug 15th, 2022 at 553.43
Smart Scan Analysis for QNETEMAUD
Based on our trend formula, QNETEMAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).