Index Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
NASDAQ EM ASIA TRAVEL & LEISURE INDEX (NASDAQ:NQEMASIA5700)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQEMASIA5700
The long term trend has been UP since Mar 6th, 2017 at 1059.53
The intermediate term trend has been UP since Oct 16th, 2017 at 1196.67
The short term trend has been DOWN since Oct 18th, 2017 at 1191.74
Smart Scan Analysis for NQEMASIA5700
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA5700 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1225.5||52wk High Date||2017-09-11|
|52wk Low||944.81||52wk Low Date||2016-12-23|