Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
NASDAQ EM ASIA MEDIA INDEX (NASDAQ:NQEMASIA5500)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since Oct 27th, 2017 at 764.05
The intermediate term trend has been DOWN since Feb 4th, 2018 at 789.94
The short term trend has been DOWN since Feb 16th, 2018 at 782.44
Smart Scan Analysis for NQEMASIA5500
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA5500 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||824.32||52wk High Date||2018-01-29|
|52wk Low||713.25||52wk Low Date||2017-03-03|