Index Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index EUR (NASDAQ:QNETEMNREUR)
Sidelines Mode (-55) - QNETEMNREUR 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 QNETEMNREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMNREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMNREUR
The long-term trend has been DOWN since Jan 30th, 2023 at 433.97
The intermediate-term trend has been DOWN since Jan 30th, 2023 at 633.01
The short-term trend has been UP since Mar 23rd, 2023 at 582.72
Smart Scan Analysis for QNETEMNREUR
Based on our trend formula, QNETEMNREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).