Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
NASDAQ EM ASIA CONSTRUCTION & MATLS NTR INDEX (NASDAQ:NQEMASIA2300N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 NQEMASIA2300N
The long term trend has been UP since Feb 6th, 2017 at 1000.39
The intermediate term trend has been DOWN since Nov 13th, 2017 at 1117.27
The short term trend has been UP since Nov 16th, 2017 at 1119.17
Smart Scan Analysis for NQEMASIA2300N
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA2300N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1180.17||52wk High Date||2017-07-13|
|52wk Low||882.09||52wk Low Date||2016-12-23|