Index Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
NASDAQ BRIC HEALTH CARE NTR INDEX (NASDAQ:NQBRIC4000N)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQBRIC4000N
The long term trend has been DOWN since Nov 3rd, 2016 at 1510.45
The intermediate term trend has been UP since Jan 11th, 2017 at 1427.88
The short term trend has been UP since Feb 16th, 2017 at 1477.07
Smart Scan Analysis for NQBRIC4000N
Based on a pre-defined weighted trend formula for chart analysis, NQBRIC4000N scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1626.66||52wk High Date||2016-09-09|
|52wk Low||1337.65||52wk Low Date||2016-02-29|