Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
NASDAQ DM ASIA REAL ESTATE NTR INDEX (NASDAQ:NQDMASIA8600N)
Smart Scan Chart Analysis indicates that the downward 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 NQDMASIA8600N
The long term trend has been UP since Mar 20th, 2017 at 1206.30
The intermediate term trend has been DOWN since Feb 4th, 2018 at 1410.02
The short term trend has been DOWN since Mar 18th, 2018 at 1374.28
Smart Scan Analysis for NQDMASIA8600N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA8600N scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1466.71||52wk High Date||2018-01-29|
|52wk Low||1193.88||52wk Low Date||2017-03-31|