Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
NASDAQ DENMARK MID-CAP NTR INDEX (NASDAQ:NQDKMCN)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 NQDKMCN
The long term trend has been UP since Feb 1st, 2017 at 2248.78
The intermediate term trend has been UP since Dec 22nd, 2017 at 3099.40
The short term trend has been UP since Jan 18th, 2018 at 3183.99
Smart Scan Analysis for NQDKMCN
Based on a pre-defined weighted trend formula for chart analysis, NQDKMCN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3224.54||52wk High Date||2018-01-19|
|52wk Low||2174.58||52wk Low Date||2017-01-23|