Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NASDAQ JAPAN CONSUMER GOODS TRUST INDEX (NASDAQ:NQJP3000T)
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 NQJP3000T
The long term trend has been DOWN since Jul 1st, 2018 at 1956.18
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1889.46
The short term trend has been UP since Oct 17th, 2018 at 1850.97
Smart Scan Analysis for NQJP3000T
Based on a pre-defined weighted trend formula for chart analysis, NQJP3000T scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2146.25||52wk High Date||2018-01-24|
|52wk Low||1813.29||52wk Low Date||2018-10-16|