Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
NASDAQ JAPAN PSNL & HHLD GOODS TRUST INDEX (NASDAQ:NQJP3700T)
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 NQJP3700T
The long term trend has been UP since Mar 9th, 2017 at 1771.64
The intermediate term trend has been DOWN since Mar 19th, 2018 at 2400.75
The short term trend has been DOWN since Mar 18th, 2018 at 2467.75
Smart Scan Analysis for NQJP3700T
Based on a pre-defined weighted trend formula for chart analysis, NQJP3700T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2519.13||52wk High Date||2018-01-24|
|52wk Low||1800.84||52wk Low Date||2017-04-06|