Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
NASDAQ AUSTRALIA TECH INDEX (NASDAQ:NQAU9000)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 Aug 21st, 2018 at 1563.06
The intermediate term trend has been UP since Aug 21st, 2018 at 1471.04
The short term trend has been DOWN since Sep 18th, 2018 at 1454.36
Smart Scan Analysis for NQAU9000
Based on a pre-defined weighted trend formula for chart analysis, NQAU9000 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1655.1||52wk High Date||2018-08-23|
|52wk Low||1256.38||52wk Low Date||2017-10-03|