Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ DM ASIA UTIL NTR INDEX (NASDAQ:NQDMASIA7000N)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 21st, 2018 at 1216.32
The intermediate term trend has been UP since Jul 8th, 2018 at 1271.26
The short term trend has been UP since Jul 16th, 2018 at 1253.75
Smart Scan Analysis for NQDMASIA7000N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA7000N scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1321.24||52wk High Date||2018-05-15|
|52wk Low||1131.31||52wk Low Date||2018-02-14|