Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
NASDAQ EM ASIA MEDIA INDEX (NASDAQ:NQEMASIA5500)
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 NQEMASIA5500
The long term trend has been UP since Oct 27th, 2017 at 764.05
The intermediate term trend has been DOWN since Nov 19th, 2017 at 747.45
The short term trend has been UP since Nov 21st, 2017 at 751.93
Smart Scan Analysis for NQEMASIA5500
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA5500 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||777.87||52wk High Date||2017-05-17|
|52wk Low||654.25||52wk Low Date||2016-12-23|