Index Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Nasdaq CTA Global Digital Payments Index (NASDAQ:WALLET)
Long-Term Downtrend (-90) - WALLET is in a strong downtrend that is likely to continue. While WALLET 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 WALLET?
MarketClub looks at technical strength and momentum to determine if the timing is right for WALLET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WALLET
The long-term trend has been DOWN since Sep 21st, 2023 at 601.91
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 653.82
The short-term trend has been DOWN since Sep 18th, 2023 at 615.17
Smart Scan Analysis for WALLET
Based on our trend formula, WALLET is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).