Index Trend Analysis Report
Prepared for you on Sunday, February 25, 2018.
NASDAQ CHILE INDUSTRIES INDEX (NASDAQ:NQCL2000)
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 NQCL2000
The long term trend has been UP since Dec 28th, 2017 at 772.78
The intermediate term trend has been DOWN since Jan 29th, 2018 at 767.13
The short term trend has been UP since Feb 15th, 2018 at 760.72
Smart Scan Analysis for NQCL2000
Based on a pre-defined weighted trend formula for chart analysis, NQCL2000 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||807.86||52wk High Date||2018-01-15|
|52wk Low||435.08||52wk Low Date||2017-02-24|