Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ INDIA INDUSTRIES NTR INDEX (NASDAQ:NQIN2000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQIN2000N
The long term trend has been DOWN since Sep 27th, 2017 at 1478.93
The intermediate term trend has been UP since Oct 16th, 2017 at 1567.81
The short term trend has been DOWN since Oct 18th, 2017 at 1570.35
Smart Scan Analysis for NQIN2000N
Based on a pre-defined weighted trend formula for chart analysis, NQIN2000N scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1672.76||52wk High Date||2017-07-13|
|52wk Low||1150.6||52wk Low Date||2016-12-27|