Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
NASDAQ CHINA INDUSTRIES NTR INDEX (NASDAQ:NQCN2000N)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 NQCN2000N
The long term trend has been DOWN since Jun 25th, 2018 at 1484.50
The intermediate term trend has been DOWN since Jun 18th, 2018 at 1557.05
The short term trend has been DOWN since Jul 16th, 2018 at 1437.53
Smart Scan Analysis for NQCN2000N
Based on a pre-defined weighted trend formula for chart analysis, NQCN2000N scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1645.28||52wk High Date||2018-06-07|
|52wk Low||1380.81||52wk Low Date||2018-07-06|