Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
NASDAQ ASIA CONSUMER SERVICES NTR INDEX (NASDAQ:NQASIA5000N)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQASIA5000N
The long term trend has been UP since Feb 23rd, 2017 at 1263.59
The intermediate term trend has been UP since Apr 3rd, 2018 at 1526.44
The short term trend has been DOWN since Jun 15th, 2018 at 1576.22
Smart Scan Analysis for NQASIA5000N
Based on a pre-defined weighted trend formula for chart analysis, NQASIA5000N scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1596.06||52wk High Date||2018-01-29|
|52wk Low||1311.11||52wk Low Date||2017-07-07|