Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
NASDAQ CHINA CONSUMER GOODS INDEX (NASDAQ:NQCN3000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQCN3000
The long term trend has been DOWN since Feb 8th, 2018 at 1306.96
The intermediate term trend has been UP since Nov 7th, 2018 at 1151.97
The short term trend has been DOWN since Dec 6th, 2018 at 1121.75
Smart Scan Analysis for NQCN3000
Based on a pre-defined weighted trend formula for chart analysis, NQCN3000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1515.85||52wk High Date||2018-01-23|
|52wk Low||1020.79||52wk Low Date||2018-10-30|