Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
NASDAQ OMX GREEN ECONOMY ASIA USD TRUST (NASDAQ:GRNASIAX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GRNASIAX
The long term trend has been DOWN since Feb 8th, 2018 at 1267.20
The intermediate term trend has been DOWN since Feb 1st, 2018 at 1354.69
The short term trend has been UP since Feb 16th, 2018 at 1286.47
Smart Scan Analysis for GRNASIAX
Based on a pre-defined weighted trend formula for chart analysis, GRNASIAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1400.99||52wk High Date||2018-01-15|
|52wk Low||1195.51||52wk Low Date||2017-03-09|