Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
NASDAQ DM ASIA UTIL INDEX (NASDAQ:NQDMASIA7000)
Smart Scan Chart Analysis indicates that the upward 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 NQDMASIA7000
The long term trend has been DOWN since Sep 24th, 2017 at 1085.26
The intermediate term trend has been UP since Jan 5th, 2018 at 1085.31
The short term trend has been UP since Jan 22nd, 2018 at 1081.01
Smart Scan Analysis for NQDMASIA7000
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA7000 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1165.13||52wk High Date||2017-06-02|
|52wk Low||1032.73||52wk Low Date||2017-03-10|