Index Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
NASDAQ DM ASIA CONSTRUCTION & MATLS TRUST INDEX (NASDAQ:NQDMASIA2300T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQDMASIA2300T
The long term trend has been UP since May 13th, 2018 at 2169.81
The intermediate term trend has been DOWN since May 22nd, 2018 at 2100.76
The short term trend has been DOWN since Jun 13th, 2018 at 2093.69
Smart Scan Analysis for NQDMASIA2300T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA2300T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2225.33||52wk High Date||2018-01-24|
|52wk Low||1837.47||52wk Low Date||2017-07-04|