Index Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
NASDAQ DM ASIA CONSUMER SERVICES NTR INDEX (NASDAQ:NQDMASIA5000N)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 NQDMASIA5000N
The long term trend has been UP since Feb 27th, 2017 at 1349.53
The intermediate term trend has been DOWN since Feb 4th, 2018 at 1623.88
The short term trend has been DOWN since Mar 18th, 2018 at 1599.73
Smart Scan Analysis for NQDMASIA5000N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA5000N scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1685.34||52wk High Date||2018-01-29|
|52wk Low||1341.02||52wk Low Date||2017-03-31|