Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
NASDAQ ASIA CONSUMER SERVICES NTR INDEX (NASDAQ:NQASIA5000N)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQASIA5000N
The long term trend has been UP since Feb 23rd, 2017 at 1263.59
The intermediate term trend has been UP since Jul 28th, 2017 at 1349.89
The short term trend has been DOWN since Oct 19th, 2017 at 1409.45
Smart Scan Analysis for NQASIA5000N
Based on a pre-defined weighted trend formula for chart analysis, NQASIA5000N scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1420.1||52wk High Date||2017-10-16|
|52wk Low||1194.3||52wk Low Date||2016-12-05|