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Index Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

NASDAQ AUSTRALIA BASIC MATLS INDEX (NASDAQ:NQAU1000)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_NQAU1000
Open High Low NQAU1000 Price Change
701.74 706.63 0.00 704.75 -1.23
Entry Signal

MarketClub’s Trade Triangles for NQAU1000

long term down The long term trend has been DOWN since Aug 3rd, 2018 at 734.69

intermediate term down The intermediate term trend has been DOWN since Oct 14th, 2018 at 692.22

short term down The short term trend has been DOWN since Oct 7th, 2018 at 730.93

Smart Scan Analysis for NQAU1000

Based on a pre-defined weighted trend formula for chart analysis, NQAU1000 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQAU1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
701.74 706.63 0.00 704.75 -1.23
Prev. Close Volume Bid Ask Time
705 0 2018-10-19 11:44:00
52wk High803.1352wk High Date2018-06-07
52wk Low651.4152wk Low Date2017-12-08
Want to analyze NASDAQ AUSTRALIA BASIC MATLS INDEX NQAU1000 or another symbol? Try our Free Index Trend Analysis Report.