Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
NASDAQ EM ASIA REAL ESTATE INDEX (NASDAQ:NQEMASIA8600)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 NQEMASIA8600
The long term trend has been UP since Feb 7th, 2017 at 922.47
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1438.34
The short term trend has been DOWN since Feb 19th, 2018 at 1403.46
Smart Scan Analysis for NQEMASIA8600
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA8600 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1542.45||52wk High Date||2018-01-29|
|52wk Low||928.96||52wk Low Date||2017-03-03|