Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
NASDAQ UK REAL ESTATE INDEX (NASDAQ:NQGB8600)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQGB8600
The long term trend has been UP since Feb 9th, 2017 at 1067.39
The intermediate term trend has been DOWN since May 3rd, 2018 at 1277.68
The short term trend has been DOWN since Jun 14th, 2018 at 1259.94
Smart Scan Analysis for NQGB8600
Based on a pre-defined weighted trend formula for chart analysis, NQGB8600 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1320.62||52wk High Date||2018-01-26|
|52wk Low||1106.01||52wk Low Date||2017-07-12|