Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
NASDAQ ALPHADEX SWITZERLAND CHF TRUST INDEX (NASDAQ:NQDXCHCHFT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQDXCHCHFT
The long term trend has been UP since Sep 12th, 2017 at 1411.00
The intermediate term trend has been UP since Dec 18th, 2017 at 1477.26
The short term trend has been DOWN since Jan 17th, 2018 at 1526.45
Smart Scan Analysis for NQDXCHCHFT
Based on a pre-defined weighted trend formula for chart analysis, NQDXCHCHFT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1537.19||52wk High Date||2018-01-10|
|52wk Low||1347.53||52wk Low Date||2017-08-11|