Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
NASDAQ EM ASIA FINANCIAL SERVICES TRUST INDEX (NASDAQ:NQEMASIA8700T)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 NQEMASIA8700T
The long term trend has been UP since Feb 8th, 2017 at 1381.74
The intermediate term trend has been DOWN since Nov 13th, 2017 at 1704.44
The short term trend has been UP since Nov 17th, 2017 at 1692.86
Smart Scan Analysis for NQEMASIA8700T
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIA8700T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1783.55||52wk High Date||2017-09-18|
|52wk Low||1187.69||52wk Low Date||2016-12-23|