Index Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index CAD (NASDAQ:QNETEMNRCAD)
Weak Downtrend (-65) - QNETEMNRCAD is showing signs of a strengthening downtrend. Monitor QNETEMNRCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QNETEMNRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMNRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMNRCAD
The long-term trend has been DOWN since May 4th, 2021 at 1049.05
The intermediate-term trend has been DOWN since Sep 19th, 2022 at 505.50
The short-term trend has been UP since Oct 4th, 2022 at 496.93
Smart Scan Analysis for QNETEMNRCAD
Based on our trend formula, QNETEMNRCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).