Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
NASDAQ DM ASIA FINANCIAL SERVICES NTR INDEX (NASDAQ:NQDMASIA8700N)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQDMASIA8700N
The long term trend has been UP since Oct 12th, 2017 at 1657.40
The intermediate term trend has been UP since Apr 23rd, 2018 at 1834.07
The short term trend has been DOWN since Apr 25th, 2018 at 1822.12
Smart Scan Analysis for NQDMASIA8700N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA8700N scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2023.12||52wk High Date||2018-01-29|
|52wk Low||1491.39||52wk Low Date||2017-05-01|