Index Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Nasdaq CTA Emerging Markets Internet & E-commerce Total Return Index AUD (NASDAQ:QNETEMTRAUD)
Bear Market Rally (-75) - QNETEMTRAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNETEMTRAUD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QNETEMTRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMTRAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMTRAUD
The long-term trend has been DOWN since Apr 25th, 2023 at 543.27
The intermediate-term trend has been UP since May 15th, 2023 at 563.96
The short-term trend has been DOWN since May 19th, 2023 at 562.61
Smart Scan Analysis for QNETEMTRAUD
Based on our trend formula, QNETEMTRAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).