Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
NASDAQ UK CHEMICALS TRUST INDEX (NASDAQ:NQGB1300T)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQGB1300T
The long term trend has been UP since Sep 8th, 2017 at 1315.11
The intermediate term trend has been UP since Jul 16th, 2018 at 1649.81
The short term trend has been UP since Jul 5th, 2018 at 1615.94
Smart Scan Analysis for NQGB1300T
Based on a pre-defined weighted trend formula for chart analysis, NQGB1300T scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1729.69||52wk High Date||2018-06-13|
|52wk Low||1213.57||52wk Low Date||2017-08-15|