Index Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
Nasdaq CTA Emerging Markets Internet & E-commerce Total Return Index CHF (NASDAQ:QNETEMTRCHF)
Long-Term Downtrend (-90) - QNETEMTRCHF is in a strong downtrend that is likely to continue. While QNETEMTRCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNETEMTRCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMTRCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMTRCHF
The long-term trend has been DOWN since May 4th, 2021 at 1136.27
The intermediate-term trend has been DOWN since Jul 8th, 2021 at 1079.29
The short-term trend has been DOWN since Jul 19th, 2021 at 1078.27
Smart Scan Analysis for QNETEMTRCHF
Based on our trend formula, QNETEMTRCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).