Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
NASDAQ BRAZIL UTIL TRUST INDEX (NASDAQ:NQBR7000T)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for NQBR7000T
The long term trend has been UP since Oct 8th, 2018 at 743.60
The intermediate term trend has been UP since Sep 27th, 2018 at 636.57
The short term trend has been UP since Nov 27th, 2018 at 846.83
Smart Scan Analysis for NQBR7000T
Based on a pre-defined weighted trend formula for chart analysis, NQBR7000T scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1048.22||52wk High Date||2018-02-27|
|52wk Low||584.63||52wk Low Date||2018-09-14|