Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
NASDAQ EM ASIA REAL ESTATE INDEX (NASDAQ:NQEMASIA8600)
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 NQEMASIA8600
The long term trend has been UP since Feb 7th, 2017 at 922.47
The intermediate term trend has been UP since May 13th, 2018 at 1381.85
The short term trend has been DOWN since May 17th, 2018 at 1384.32
Smart Scan Analysis for NQEMASIA8600
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA8600 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1542.45||52wk High Date||2018-01-29|
|52wk Low||1023.71||52wk Low Date||2017-05-24|