Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Nasdaq CTA Emerging Markets Internet & E-commerce Index CAD (NASDAQ:QNETEMCAD)
Strong Downtrend (-100) - QNETEMCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNETEMCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMCAD
The long-term trend has been DOWN since May 4th, 2021 at 1048.65
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 817.81
The short-term trend has been DOWN since Nov 17th, 2021 at 868.22
Smart Scan Analysis for QNETEMCAD
Based on our trend formula, QNETEMCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).