Index Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
NASDAQ KOREA INDUSTRIES NTR INDEX (NASDAQ:NQKR2000N)
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 NQKR2000N
The long term trend has been UP since Nov 1st, 2017 at 788.29
The intermediate term trend has been UP since Jan 1st, 2018 at 771.91
The short term trend has been DOWN since Jan 16th, 2018 at 815.78
Smart Scan Analysis for NQKR2000N
Based on a pre-defined weighted trend formula for chart analysis, NQKR2000N scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||823.94||52wk High Date||2018-01-15|
|52wk Low||634.26||52wk Low Date||2017-01-19|