Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NASDAQ JAPAN PSNL & HHLD GOODS TRUST INDEX (NASDAQ:NQJP3700T)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Jul 2nd, 2018 at 2371.66
The intermediate term trend has been DOWN since Oct 8th, 2018 at 2336.12
The short term trend has been DOWN since Oct 18th, 2018 at 2242.31
Smart Scan Analysis for NQJP3700T
Based on a pre-defined weighted trend formula for chart analysis, NQJP3700T scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2519.13||52wk High Date||2018-01-24|
|52wk Low||2175.44||52wk Low Date||2017-10-26|