Index Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
NASDAQ AUSTRALIA TECH INDEX (NASDAQ:NQAU9000)
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 NQAU9000
The long term trend has been UP since May 22nd, 2017 at 1227.67
The intermediate term trend has been DOWN since May 28th, 2018 at 1486.02
The short term trend has been UP since Jun 19th, 2018 at 1514.00
Smart Scan Analysis for NQAU9000
Based on a pre-defined weighted trend formula for chart analysis, NQAU9000 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1584.03||52wk High Date||2018-03-14|
|52wk Low||1216.96||52wk Low Date||2017-08-23|