Index Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
NASDAQ ALPHADEX JAPAN EUR TRUST INDEX (NASDAQ:NQDXJPEURT)
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 NQDXJPEURT
The long term trend has been UP since Sep 26th, 2017 at 1093.38
The intermediate term trend has been UP since Sep 12th, 2017 at 1069.59
The short term trend has been DOWN since Jan 12th, 2018 at 1226.08
Smart Scan Analysis for NQDXJPEURT
Based on a pre-defined weighted trend formula for chart analysis, NQDXJPEURT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1244.13||52wk High Date||2018-01-10|
|52wk Low||1045.94||52wk Low Date||2017-08-29|