Index Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
NASDAQ INDONESIA NTR INDEX (NASDAQ:NQIDN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQIDN
The long term trend has been DOWN since Mar 22nd, 2018 at 1021.89
The intermediate term trend has been DOWN since Jun 19th, 2018 at 964.14
The short term trend has been UP since Jul 5th, 2018 at 897.53
Smart Scan Analysis for NQIDN
Based on a pre-defined weighted trend formula for chart analysis, NQIDN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1179.66||52wk High Date||2018-01-29|
|52wk Low||867.86||52wk Low Date||2018-07-03|