Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
NASDAQ DM ASIA INSURED TRUST INDEX (NASDAQ:NQDMASIA8500T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 NQDMASIA8500T
The long term trend has been DOWN since Jul 2nd, 2018 at 2017.62
The intermediate term trend has been DOWN since Aug 14th, 2018 at 2025.97
The short term trend has been UP since Aug 19th, 2018 at 2040.82
Smart Scan Analysis for NQDMASIA8500T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA8500T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2211.41||52wk High Date||2018-05-15|
|52wk Low||1827.88||52wk Low Date||2017-09-08|