Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
NASDAQ EM ASIA OIL & GAS TRUST INDEX (NASDAQ:NQEMASIA0001T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQEMASIA0001T
The long term trend has been UP since Jul 30th, 2018 at 1241.42
The intermediate term trend has been UP since Jul 20th, 2018 at 1193.78
The short term trend has been DOWN since Aug 10th, 2018 at 1252.04
Smart Scan Analysis for NQEMASIA0001T
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA0001T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1289.81||52wk High Date||2017-09-07|
|52wk Low||965.54||52wk Low Date||2017-08-18|