Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
NASDAQ HONG KONG FINANCIALS NTR INDEX (NASDAQ:NQHK8000N)
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 NQHK8000N
The long term trend has been UP since Feb 20th, 2017 at 1379.04
The intermediate term trend has been DOWN since Jun 18th, 2018 at 1787.37
The short term trend has been DOWN since Jun 8th, 2018 at 1842.09
Smart Scan Analysis for NQHK8000N
Based on a pre-defined weighted trend formula for chart analysis, NQHK8000N scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1875.7||52wk High Date||2018-05-15|
|52wk Low||1477||52wk Low Date||2017-07-04|