Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NASDAQ GLOBAL EX JAPAN INDEX (NASDAQ:NQGXJP)
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 NQGXJP
The long term trend has been DOWN since Feb 9th, 2018 at 1489.01
The intermediate term trend has been UP since Jun 7th, 2018 at 1577.25
The short term trend has been DOWN since Jun 14th, 2018 at 1569.76
Smart Scan Analysis for NQGXJP
Based on a pre-defined weighted trend formula for chart analysis, NQGXJP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1660.98||52wk High Date||2018-01-29|
|52wk Low||1402.31||52wk Low Date||2017-07-07|