Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
NASDAQ JAPAN CONSUMER GOODS INDEX (NASDAQ:NQJP3000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 NQJP3000
The long term trend has been DOWN since Jun 26th, 2018 at 1761.79
The intermediate term trend has been DOWN since May 24th, 2018 at 1802.28
The short term trend has been DOWN since Jul 19th, 2018 at 1745.00
Smart Scan Analysis for NQJP3000
Based on a pre-defined weighted trend formula for chart analysis, NQJP3000 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1942.55||52wk High Date||2018-01-24|
|52wk Low||1605.68||52wk Low Date||2017-07-26|