Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
NASDAQ EM ASIA UTIL TRUST INDEX (NASDAQ:NQEMASIA7000T)
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 NQEMASIA7000T
The long term trend has been DOWN since May 29th, 2018 at 1281.63
The intermediate term trend has been DOWN since Aug 14th, 2018 at 1251.06
The short term trend has been UP since Aug 19th, 2018 at 1245.76
Smart Scan Analysis for NQEMASIA7000T
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA7000T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1385.13||52wk High Date||2018-01-29|
|52wk Low||1184.76||52wk Low Date||2018-06-29|