Index Trend Analysis Report
Prepared for you on Saturday, February 17, 2018.
NASDAQ ALPHADEX UNITED KINGDOM GBP INDEX (NASDAQ:NQDXGBGBP)
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 NQDXGBGBP
The long term trend has been DOWN since Feb 6th, 2018 at 999.49
The intermediate term trend has been DOWN since Jan 31st, 2018 at 1058.99
The short term trend has been UP since Feb 13th, 2018 at 1013.29
Smart Scan Analysis for NQDXGBGBP
Based on a pre-defined weighted trend formula for chart analysis, NQDXGBGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.95||52wk High Date||2018-01-15|
|52wk Low||984.26||52wk Low Date||2017-09-15|