Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
Nasdaq CTA Global Digital Payments Gross Total Return Index (NASDAQ:WALLETTR)
Bear Market Rally (-75) - WALLETTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on WALLETTR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid WALLETTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for WALLETTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WALLETTR
The long-term trend has been DOWN since Nov 16th, 2021 at 1001.19
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 768.16
The short-term trend has been UP since May 13th, 2022 at 651.90
Smart Scan Analysis for WALLETTR
Based on our trend formula, WALLETTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).