Index Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
NASDAQ EM ASIA MID-CAP INDEX (NASDAQ:NQEMASIAMC)
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 NQEMASIAMC
The long term trend has been UP since Feb 3rd, 2017 at 1084.46
The intermediate term trend has been UP since Apr 10th, 2018 at 1343.36
The short term trend has been DOWN since Apr 15th, 2018 at 1337.09
Smart Scan Analysis for NQEMASIAMC
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIAMC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1437.46||52wk High Date||2018-01-29|
|52wk Low||1140||52wk Low Date||2017-04-19|