Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
NASDAQ EM ASIA SM-CAP INDEX (NASDAQ:NQEMASIASC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NQEMASIASC
The long term trend has been UP since Jan 23rd, 2017 at 1145.58
The intermediate term trend has been DOWN since Feb 4th, 2018 at 1470.89
The short term trend has been DOWN since Apr 15th, 2018 at 1426.20
Smart Scan Analysis for NQEMASIASC
Based on a pre-defined weighted trend formula for chart analysis, NQEMASIASC scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1514.9||52wk High Date||2018-01-25|
|52wk Low||1242.55||52wk Low Date||2017-05-18|