Index Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
NASDAQ HONG KONG TRUST INDEX (NASDAQ:NQHKT)
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 NQHKT
The long term trend has been UP since Feb 14th, 2017 at 1221.30
The intermediate term trend has been UP since Dec 24th, 2017 at 1499.56
The short term trend has been UP since Dec 27th, 2017 at 1502.24
Smart Scan Analysis for NQHKT
Based on a pre-defined weighted trend formula for chart analysis, NQHKT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1588.41||52wk High Date||2018-01-17|
|52wk Low||1174.2||52wk Low Date||2017-01-18|