Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
NASDAQ EM ASIA PSNL & HHLD GOODS INDEX (NASDAQ:NQEMASIA3700)
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 NQEMASIA3700
The long term trend has been UP since Jan 25th, 2017 at 1019.15
The intermediate term trend has been UP since Apr 9th, 2018 at 1241.92
The short term trend has been DOWN since Apr 20th, 2018 at 1260.40
Smart Scan Analysis for NQEMASIA3700
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA3700 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1304.42||52wk High Date||2018-01-25|
|52wk Low||1106.48||52wk Low Date||2017-04-25|