Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ DM ASIA REAL ESTATE NTR INDEX (NASDAQ:NQDMASIA8600N)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 NQDMASIA8600N
The long term trend has been DOWN since Jun 27th, 2018 at 1342.29
The intermediate term trend has been DOWN since May 29th, 2018 at 1379.97
The short term trend has been UP since Jul 15th, 2018 at 1331.38
Smart Scan Analysis for NQDMASIA8600N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA8600N scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1466.71||52wk High Date||2018-01-29|
|52wk Low||1237.43||52wk Low Date||2017-07-18|