Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Nasdaq CTA Emerging Markets Internet & E-commerce Index JPY (NASDAQ:QNETEMJPY)
Strong Downtrend (-100) - QNETEMJPY 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 QNETEMJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMJPY
The long-term trend has been DOWN since May 10th, 2021 at 1163.89
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1321.45
The short-term trend has been DOWN since Apr 30th, 2021 at 1230.64
Smart Scan Analysis for QNETEMJPY
Based on our trend formula, QNETEMJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).