Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
NASDAQ ASIA UTIL TRUST INDEX (NASDAQ:NQASIA7000T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQASIA7000T
The long term trend has been UP since Apr 3rd, 2018 at 1264.28
The intermediate term trend has been UP since Mar 21st, 2018 at 1237.77
The short term trend has been DOWN since May 15th, 2018 at 1292.17
Smart Scan Analysis for NQASIA7000T
Based on a pre-defined weighted trend formula for chart analysis, NQASIA7000T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1308.37||52wk High Date||2018-05-14|
|52wk Low||1180.65||52wk Low Date||2018-02-09|