Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NASDAQ INDIA LG-CAP INDEX (NASDAQ:NQINLC)
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 NQINLC
The long term trend has been DOWN since Sep 21st, 2018 at 1439.03
The intermediate term trend has been UP since Nov 2nd, 2018 at 1353.86
The short term trend has been DOWN since Dec 6th, 2018 at 1444.43
Smart Scan Analysis for NQINLC
Based on a pre-defined weighted trend formula for chart analysis, NQINLC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1636.2||52wk High Date||2018-01-29|
|52wk Low||1272||52wk Low Date||2018-10-26|