Index Trend Analysis Report
Prepared for you on Sunday, February 25, 2018.
NASDAQ INDONESIA BASIC MATLS TRUST INDEX (NASDAQ:NQID1000T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQID1000T
The long term trend has been UP since Jan 4th, 2018 at 645.02
The intermediate term trend has been UP since Dec 19th, 2017 at 610.23
The short term trend has been DOWN since Feb 20th, 2018 at 833.15
Smart Scan Analysis for NQID1000T
Based on a pre-defined weighted trend formula for chart analysis, NQID1000T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||888.96||52wk High Date||2018-01-29|
|52wk Low||531.04||52wk Low Date||2017-05-15|