Index Trend Analysis Report
Prepared for you on Saturday, February 24, 2018.
NASDAQ INDIA INDUSTRIES NTR INDEX (NASDAQ:NQIN2000N)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQIN2000N
The long term trend has been UP since Oct 30th, 2017 at 1629.48
The intermediate term trend has been DOWN since Jan 30th, 2018 at 1691.61
The short term trend has been DOWN since Feb 16th, 2018 at 1621.55
Smart Scan Analysis for NQIN2000N
Based on a pre-defined weighted trend formula for chart analysis, NQIN2000N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1784.61||52wk High Date||2017-12-21|
|52wk Low||1323.14||52wk Low Date||2017-03-03|