Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
NASDAQ DM ASIA UTIL NTR INDEX (NASDAQ:NQDMASIA7000N)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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 NQDMASIA7000N
The long term trend has been UP since Mar 24th, 2017 at 1175.12
The intermediate term trend has been UP since Jul 26th, 2017 at 1230.56
The short term trend has been DOWN since Aug 8th, 2017 at 1237.55
Smart Scan Analysis for NQDMASIA7000N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA7000N scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1267.2||52wk High Date||2017-06-02|
|52wk Low||1087.71||52wk Low Date||2016-12-05|