Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
NASDAQ EM ASIA OIL & GAS TRUST INDEX (NASDAQ:NQEMASIA0001T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQEMASIA0001T
The long term trend has been UP since Mar 7th, 2016 at 740.45
The intermediate term trend has been DOWN since May 23rd, 2018 at 1191.16
The short term trend has been DOWN since Jun 14th, 2018 at 1217.45
Smart Scan Analysis for NQEMASIA0001T
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA0001T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1289.81||52wk High Date||2017-09-07|
|52wk Low||908.84||52wk Low Date||2017-06-30|