Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
NASDAQ DENMARK FINANCIALS INDEX (NASDAQ:NQDK8000)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQDK8000
The long term trend has been DOWN since Apr 3rd, 2018 at 2109.71
The intermediate term trend has been UP since Nov 7th, 2018 at 1463.94
The short term trend has been DOWN since Nov 29th, 2018 at 1351.25
Smart Scan Analysis for NQDK8000
Based on a pre-defined weighted trend formula for chart analysis, NQDK8000 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2337.13||52wk High Date||2018-02-02|
|52wk Low||1302.99||52wk Low Date||2018-10-31|