Index Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
NASDAQ INDONESIA CONSUMER SERVICES TRUST INDEX (NASDAQ:NQID5000T)
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 NQID5000T
The long term trend has been UP since Apr 5th, 2017 at 409.74
The intermediate term trend has been UP since Mar 26th, 2017 at 387.98
The short term trend has been UP since May 21st, 2017 at 416.95
Smart Scan Analysis for NQID5000T
Based on a pre-defined weighted trend formula for chart analysis, NQID5000T scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||500.97||52wk High Date||2016-08-02|
|52wk Low||361.53||52wk Low Date||2016-11-24|