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Index Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

NASDAQ JAPAN BANKS INDEX (NASDAQ:NQJP8300)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

NASDAQ_NQJP8300
Open High Low NQJP8300 Price Change
1180.12 1183.79 0.00 1182.01 +20.08
Entry Signal

MarketClub’s Trade Triangles for NQJP8300

long term down The long term trend has been DOWN since Mar 23rd, 2018 at 1265.01

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 1179.56

short term up The short term trend has been UP since Aug 16th, 2018 at 1165.20

Smart Scan Analysis for NQJP8300

Based on a pre-defined weighted trend formula for chart analysis, NQJP8300 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQJP8300
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1180.12 1183.79 0.00 1182.01 +20.08
Prev. Close Volume Bid Ask Time
1182.23 0 2018-08-17 11:44:00
52wk High1461.6352wk High Date2018-01-15
52wk Low1117.8152wk Low Date2018-07-05
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