Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NASDAQ ALPHADEX BRAZIL INDEX (NASDAQ:NQDXBR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQDXBR
The long term trend has been UP since Oct 8th, 2018 at 1067.80
The intermediate term trend has been UP since Sep 21st, 2018 at 934.66
The short term trend has been UP since Oct 16th, 2018 at 1067.43
Smart Scan Analysis for NQDXBR
Based on a pre-defined weighted trend formula for chart analysis, NQDXBR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1317.13||52wk High Date||2018-02-26|
|52wk Low||848.64||52wk Low Date||2018-09-14|