Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
Nasdaq CTA Emerging Markets Internet & E-commerce Index HKD (NASDAQ:QNETEMHKD)
Strong Downtrend (-100) - QNETEMHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNETEMHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNETEMHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMHKD
The long-term trend has been DOWN since Apr 25th, 2023 at 521.05
The intermediate-term trend has been DOWN since May 25th, 2023 at 516.51
The short-term trend has been DOWN since May 19th, 2023 at 531.50
Smart Scan Analysis for QNETEMHKD
Based on our trend formula, QNETEMHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).