Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
NASDAQ DM ASIA CONSUMER SERVICES TRUST INDEX (NASDAQ:NQDMASIA5000T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQDMASIA5000T
The long term trend has been UP since Feb 27th, 2017 at 1360.91
The intermediate term trend has been UP since Mar 30th, 2018 at 1632.37
The short term trend has been DOWN since May 15th, 2018 at 1685.07
Smart Scan Analysis for NQDMASIA5000T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA5000T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1702.71||52wk High Date||2018-01-29|
|52wk Low||1403.28||52wk Low Date||2017-07-07|