Index Trend Analysis Report
Prepared for you on Sunday, April 22, 2018.
NASDAQ EM ASIA BASIC RESOURCES INDEX (NASDAQ:NQEMASIA1700)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQEMASIA1700
The long term trend has been UP since Dec 28th, 2017 at 1015.58
The intermediate term trend has been UP since Apr 19th, 2018 at 1020.92
The short term trend has been UP since Apr 19th, 2018 at 1009.59
Smart Scan Analysis for NQEMASIA1700
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA1700 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1163.15||52wk High Date||2018-01-29|
|52wk Low||776.54||52wk Low Date||2017-05-10|