Index Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
NASDAQ JAPAN TELECOM INDEX (NASDAQ:NQJP6000)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQJP6000
The long term trend has been UP since Jul 11th, 2018 at 2127.38
The intermediate term trend has been UP since Jul 9th, 2018 at 2101.90
The short term trend has been DOWN since Jul 18th, 2018 at 2147.62
Smart Scan Analysis for NQJP6000
Based on a pre-defined weighted trend formula for chart analysis, NQJP6000 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2253.77||52wk High Date||2017-11-29|
|52wk Low||1961.14||52wk Low Date||2018-02-06|