Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
NASDAQ UK CHEMICALS TRUST INDEX (NASDAQ:NQGB1300T)
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 NQGB1300T
The long term trend has been UP since Sep 8th, 2017 at 1315.11
The intermediate term trend has been UP since Feb 26th, 2018 at 1566.53
The short term trend has been DOWN since Apr 18th, 2018 at 1621.31
Smart Scan Analysis for NQGB1300T
Based on a pre-defined weighted trend formula for chart analysis, NQGB1300T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1641.15||52wk High Date||2018-04-16|
|52wk Low||1213.57||52wk Low Date||2017-08-15|