Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
NASDAQ DM ASIA BANKS NTR INDEX (NASDAQ:NQDMASIA8300N)
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 NQDMASIA8300N
The long term trend has been UP since Oct 15th, 2017 at 1479.15
The intermediate term trend has been DOWN since Nov 13th, 2017 at 1475.86
The short term trend has been UP since Nov 16th, 2017 at 1475.68
Smart Scan Analysis for NQDMASIA8300N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA8300N scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1532.77||52wk High Date||2017-10-30|
|52wk Low||1248.27||52wk Low Date||2016-11-25|