Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
NASDAQ BRAZIL INDUSTRIES TRUST INDEX (NASDAQ:NQBR2000T)
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 NQBR2000T
The long term trend has been DOWN since Dec 12th, 2017 at 682.56
The intermediate term trend has been UP since Sep 27th, 2018 at 585.18
The short term trend has been UP since Oct 15th, 2018 at 626.26
Smart Scan Analysis for NQBR2000T
Based on a pre-defined weighted trend formula for chart analysis, NQBR2000T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||795.15||52wk High Date||2018-01-26|
|52wk Low||544.83||52wk Low Date||2018-09-14|