Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
NASDAQ KOREA INDUSTRIES INDEX (NASDAQ:NQKR2000)
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 NQKR2000
The long term trend has been DOWN since Sep 25th, 2017 at 706.85
The intermediate term trend has been DOWN since Sep 22nd, 2017 at 709.05
The short term trend has been UP since Oct 19th, 2017 at 740.61
Smart Scan Analysis for NQKR2000
Based on a pre-defined weighted trend formula for chart analysis, NQKR2000 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||770.28||52wk High Date||2017-05-29|
|52wk Low||600.96||52wk Low Date||2016-12-05|