Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
NASDAQ EM ASIA MEDIA INDEX (NASDAQ:NQEMASIA5500)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 NQEMASIA5500
The long term trend has been DOWN since Jul 4th, 2017 at 737.16
The intermediate term trend has been UP since Sep 12th, 2017 at 745.14
The short term trend has been DOWN since Sep 20th, 2017 at 759.59
Smart Scan Analysis for NQEMASIA5500
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA5500 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||804.1||52wk High Date||2016-10-03|
|52wk Low||654.25||52wk Low Date||2016-12-23|