Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
NASDAQ JAPAN FINANCIAL SERVICES TRUST INDEX (NASDAQ:NQJP8700T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQJP8700T
The long term trend has been UP since Oct 5th, 2017 at 1742.88
The intermediate term trend has been DOWN since Nov 13th, 2017 at 1770.25
The short term trend has been UP since Nov 21st, 2017 at 1754.32
Smart Scan Analysis for NQJP8700T
Based on a pre-defined weighted trend formula for chart analysis, NQJP8700T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1860.38||52wk High Date||2017-11-09|
|52wk Low||1533.23||52wk Low Date||2016-11-25|