Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ EM ASIA BASIC MATLS TRUST INDEX (NASDAQ:NQEMASIA1000T)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQEMASIA1000T
The long term trend has been DOWN since Jun 15th, 2018 at 1328.14
The intermediate term trend has been DOWN since Sep 10th, 2018 at 1275.19
The short term trend has been UP since Sep 18th, 2018 at 1304.89
Smart Scan Analysis for NQEMASIA1000T
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA1000T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1477.55||52wk High Date||2018-01-29|
|52wk Low||1216.05||52wk Low Date||2017-09-28|