Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NASDAQ EM ASIA TRAVEL & LEISURE INDEX (NASDAQ:NQEMASIA5700)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Apr 4th, 2018 at 1287.61
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1354.85
The short term trend has been DOWN since Jun 13th, 2018 at 1267.59
Smart Scan Analysis for NQEMASIA5700
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA5700 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1426.32||52wk High Date||2018-01-29|
|52wk Low||1137.85||52wk Low Date||2017-07-10|