Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
NASDAQ ALPHADEX JAPAN HEDGED EUR NTR (NASDAQ:NQDXJPEURNMH)
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 NQDXJPEURNMH
The long term trend has been UP since Sep 15th, 2017 at 1229.86
The intermediate term trend has been UP since Sep 12th, 2017 at 1220.93
The short term trend has been DOWN since Dec 14th, 2017 at 1363.64
Smart Scan Analysis for NQDXJPEURNMH
Based on a pre-defined weighted trend formula for chart analysis, NQDXJPEURNMH scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1402.19||52wk High Date||2017-11-09|
|52wk Low||1186.43||52wk Low Date||2017-09-06|