Index Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
NASDAQ FINLAND LG-CAP TRUST INDEX (NASDAQ:NQFILCT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 NQFILCT
The long term trend has been DOWN since Nov 9th, 2017 at 1776.52
The intermediate term trend has been DOWN since Oct 26th, 2017 at 1826.88
The short term trend has been UP since Nov 16th, 2017 at 1780.49
Smart Scan Analysis for NQFILCT
Based on a pre-defined weighted trend formula for chart analysis, NQFILCT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1910.67||52wk High Date||2017-10-24|
|52wk Low||1343.36||52wk Low Date||2016-11-18|