Index Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
Nasdaq CTA Global Digital Payments AUD Index (NASDAQ:WALLETAU)
Bear Market Rally (-75) - WALLETAU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on WALLETAU as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid WALLETAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for WALLETAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WALLETAU
The long-term trend has been DOWN since Nov 17th, 2021 at 995.90
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 751.23
The short-term trend has been UP since May 13th, 2022 at 682.60
Smart Scan Analysis for WALLETAU
Based on our trend formula, WALLETAU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).